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Auction: 21145 - Bonds and Share Certificates of the World - e-Auction
Lot: 443

(x) U.S.A.: Eastern Railway Company of New Mexico, Registered First Mortgage and Collateral 50-Year 4% Gold Bonds, a pair of temporary bonds, each for $17,000,000, the first, #1, stamped NOT ISSUED and without signatures, the 2nd, #2, dated 19[07], for the same amount, hole and stamped cancelled. These may be the only examples extant due to their very high value - NOT IN COX. The total issue was capped at $30 million. New bonds were issued in their place in 1908 which have also not been seen; together with Santa Fe, Raton and Des Moines Railroad Co., 1st Mortgage bond, $1000, brown, with coupons, and, Tucumcari and Memphis Railway Co., 1st Mortgage registered bond, $10,000, 1909, #3, steam train, green, hole cancelled. Generally VF and better (4).

Subject to 5% tax on Hammer Price in addition to 20% VAT on Buyer’s Premium.

Sold for
£40

Starting price
£40