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    Description

    Michigan Central Railroad Bond Signed by Cornelius Vanderbilt. One page, oblong folio, New York, March 10, 1881. First mortgage bond for the Michigan Central Railroad Company, $1000 principal, due in 1931 at 5% interest, payable in March, June and September. Certificate No. 67, issued to The National Bank of Commerce of New York. Signed "C Vanderbilt" two years before he became Chairman of the Board of both that railroad and the New York Central and Hudson River. The Michigan Central was part of the vast New York Central system acquired by Vanderbilt's grandfather, a rail network that eventually grew to over 10,000 miles. Attractive engraved document with green decorative borders and black and white vignettes at top. Cancellation punch holes affect signature, else fine.

    Auction Info

    Auction Dates
    June, 2008
    4th-5th Wednesday-Thursday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 2,142

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