DescriptionGalveston, Houston and Henderson Rail Road Company $100 Bond 1854. One page. Horizontal 15" x 16". Printed in France, with twelve coupons attached and an additional coupon tipped on. Signed by Richard Kimball, the railroad's president and countersigned by the treasurer and secretary. The bond is slightly toned with age, with a few small tears, and with old fold creases; otherwise it is in very good condition.
The Galveston, Houston and Henderson Railroad Company was chartered on February 7, 1853 to build a rail system from Galveston through Houston to Henderson in East Texas. For a number of years the company was Galveston's only rail connection with the Texas railroad system centered at Houston. Although supported in Galveston and Houston, much of the early financing was provided by investors in Holland and France. The original company was sold in 1860, and a new Galveston, Houston and Henderson was organized under the original charter. During the Civil War the railroad remained active, handling the traffic to and from the Confederate blockade runners reaching Galveston. In 1867 the bondholders of the original company forced the railroad into receivership and fighting between the stockholders and bondholders forced the railroad to be sold under foreclosure on December 15, 1871.
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