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POUGHKEEPSIE, HARTFORD & BOSTON RAILROAD Bond 1875 Dutchess Co., NY. SCARCE. VF+

$ 12.64

Availability: 97 in stock
  • Return shipping will be paid by: Buyer
  • Restocking Fee: No
  • All returns accepted: Returns Accepted
  • Item must be returned within: 14 Days
  • Refund will be given as: Money Back

    Description

    The Poughkeepsie, Hartford and Boston Railroad Company. Bond issued September 1, 1875. Incorporated in the State of New York.
    Embossed company seal lower left. Certificate
    No. 626 0
    Second Mortgage 30-Year Convertible Bearer Bond. Convertible at par into the First Preferred Capital stock of the company. Hand signed by company
    president G. P. Pelton
    and
    treasurer Alan Senfroain
    . Certificate is about 13” x 17.”
    All coupons remain attached
    (#1 through #52)
    Large vignette with a train crossing bridge in a valley along canal with boats next to industry.
    The Poughkeepsie, Hartford and Boston Railroad was formed in 1874 as a reorganization of the bankrupt Poughkeepsie and Eastern Railroad which had built a line from Poughkeepsie, New York on the Hudson River in Dutchess County, northeast to Boston Corners in Ancram in Columbia County, and then southeast to the Connecticut State Line, where it would connect with the Connecticut Western Railroad, whitch would continue east to Hartford, Connecticut. The line went through Pleasant Valley, Salt Point, Clinton Corners, Stanfordville, Stissing, Pine Plains, Boston Corners and State Line near Millerton. The Poughkeepsie, Hartford and Boston Railroad went bankrupt in 1884, and the Hartford and Connecticut Western Railroad bought the section southeast at Boston Corners, to which they already had track rights. The rest would be sold in 1886 and reorganized as the New York and Massachusetts Railway.
    Condition:  Very Fine+
    , light folds, minor creasing, no tears, minor signs of wear/handling/toning (see photos),
    uncancelled.
    Printer:
    Eagle Printing Hoise, Poughkeepsie, New York.
    PAYMENT AND SHIPPING
    Please read certificate d
    escription details shown above before bidding.
    Please contact me with any questions before bidding.
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    only.
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    RETURNS AND GUARANTEE
    :
    Buyer satisfaction and authenticity of certificate is guaranteed – returns are accepted with 14 days of purchase (buyer pays return shipping cost unless item received is not as described in this listing).
    All certificates are originals – no reproductions.