Scarce, California railroad bond from the Saratoga & Almaden Railroad Company issued in 1885 for $500. Cert. #132. Twenty year gold bond, 6% interest. Forty coupons attached at the right. Signed by D.M. Pyle as president. Britton & Rey, S.F. Lithographer. In 1884, it was planned that a railroad be built from Murphy's station along the Southern Pacific Railroad tracks to Saratoga, with the long-term goal of building a collective 22 miles of track in order to reach the mines of New Almaden. At least five miles of track were laid,] and the railroad was likely built from Murphy's station all the way to Saratoga. If this were the case, the name "Saratoga and Almaden Railroad" may have been chosen to garner support for the unbuilt section of the line. The bond has some browning on the coupons, but otherwise fine. Uncanceled. New Almaden California