Previous Lot Next Lot

Auction: 18016 - Bonds and Share Certificates of the World Online Auction
Lot: 367

USA: United States Rolling Stock Company, 5% Collateral Car-Trust debentures for £50 and £100 sterling, 1887, #538 and #2996, signed by Adolph Hegewisch as President, attractive bonds with steam train at top, brown and green respectively, ABNCo., with coupons, NOT cancelled. Formed in New York in 1871, just survived the panic of 1873. Set up a trust allowing railroads to lease equipment. Hegewisch became president in 1882 and he expanded the company by building a new plant at his new town of Hegewisch. In difficulties by 1890 and in voluntary receivership. VF and rare (2).

Subject to 20% VAT on Buyer’s Premium. For more information please view Terms and Conditions for Buyers.

Sold for
£140