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Lot 1494: OCMULGEE AND FLINT RIVER RAIL ROAD

Auction No.57 of Antique Stocks & Bonds

by Boone Shares - The Scripophily Center

October 29, 2016

Brussels, Belgium

Live Auction
Past Lot
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Description: 19 July 1841 ALBANY. Bond for 50 cents. black. No 427. This bond is surely the smallest US railroad bond known to us - both in value and in size (9x6cm, or 3 1/2 x 2 1/2 inches). The bond was to pay interest of 1% at expiry - after six months. We wonder how the company paid the interest of .05 of a cent. The company is not listed in Cox. Founded 1827. It was a line in north Georgia, probably for logging.

Condition Report: VF

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