DescriptionRare Prescott Arizona Territory-Issued Railroad Bond, 1885. Great large format $1000 bond issued by the Prescott & Arizona Central Railway Company, November 21, 1885. Signed by E.M. Jerome as president and William Kelly as secretary. Very nice centered vignette of steam locomotive. Beautifully engraved and printed by the Homer Lee Banknote Company. Decorative brown border. The bond has 45 of its original coupons still attached & measures 16" x 11.5".
The Prescott & Arizona Central Railway was organized on May 10, 1884 to construct a 72-mile line from Prescott to the Atlantic and Pacific Railway at Seligman. With the encouragement of the A&P, the Arizona Central Railway, under New York investor Thomas S. Bullock, combined forces with its rival, the Central Arizona Railway to create the Prescott & Arizona Central Railway Company.
Condition: Very fine
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