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Auction: 1004 - Bonds & Shares of The World
Lot: 475

Mid Wales Railway Co., £10 share, 18(63), no.31857, issued to John Watson and James Overend, black, about extremely fine. Estimate £ 50 This was one of 200 or so companies that failed in the wake of the Overend Gurney crash of 1866. The contractor for the railway was Sir Samuel Morton Peto (Peto & Betts) which was heavily financed by Overend´s and he was declared bankrupt in 1866.

Sold for
£40