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Description

Nathan Bedford Forrest Bond Twice Signed. One page, 17" x 20", no place; September 1, 1869. A large and colorful lithographed $1000 bond for the Selma, Marion, and Memphis Railroad, illustrated with a central vignette showing a train and a smaller secondary image of freedmen picking cotton. The lower portion of this bond consists of thirty-three remaining interest coupons. Docketed on the verso. Forrest signs as president on the face and again with the verso endorsement. Certificate no. 262.

One of the most accomplished and controversial officers of the Confederacy, Lieutenant General Nathan Bedford Forrest was recognized as a tactical genius during the Civil War despite possessing no formal military training. After the war, he gained infamy serving as the first Grand Wizard of the Ku Klux Klan. Like many other former Confederate officers after the war, he had sought to recoup his fortunes via business. However, this railroad went bankrupt under his leadership.

Condition: Two clipped coupons. Lightly toned.


Auction Info

Auction Dates
February, 2023
22nd Wednesday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 400

Buyer's Premium per Lot:
25% on the first $300,000 (minimum $49), plus 20% of any amount between $300,000 and $3,000,000, plus 15% of any amount over $3,000,000 per lot.

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Sold on Feb 22, 2023 for: $2,125.00
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