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Auction: 22141 - Bonds and Share Certificates of the World - e-Auction
Lot: 345

Mexico: Tehuantepec Company7% Loan, 1853, bond for £125, #1259, numerous vignettes, printed by Rawdon Wright Hatch and Edson, black. Incorporated in Louisiana 1852. Under the Treaty of Guadaloupe Hidalgo, Americans secured the right to build a railroad or canal across the Isthmus of Tehuantepec, in southern Mexico. The southerners, who hoped to break up Mexico and turn it into a slave holding territory, were eager to invest in this scheme, but their available cash was unequal to their territorial agenda; few bonds were sold and no transportation facilities were built. EF and rare.

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Starting price
£80