Lot 1515: BAY CITY AND EAST SAGINAW RAIL ROAD CO. - BAY COUNTY
October 29, 2016
Brussels, BelgiumLive Auction
Description: 5 June 1867 MICHIGAN. BAY COUNTY. 10% Bond of $500. black, red. #150. No 13. Bond raised to finance the building of this 13-mile line, linking East Saginaw to the coast at Bay City. Leased by the Flint & Pere Marquette RR Co., which guaranteed the bonds. Large, square format piece, with allegorical ladies, train by the sea, and the arms of Michigan State (which appear also in the underprint). Signatures hole-cancelled.
Condition Report: VF