Rock Island, Peoria & St. Louis Railway Company
Rock Island, Peoria & St. Louis Railway Company
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Product Details
CompanyRock Island, Peoria & St. Louis Railway Company
Certificate Type
First Mortgage Gold Bond
Date Issued
January 1, 1891
Canceled
No
Printer
American Bank Note Company
Signatures
Hand signed
Approximate Size
9 1/4" (w) by 14 1/2" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Reference
Historical Context
The Rock Island, Peoria & St. Louis Railway was incorporated by Dwight L. Wing to build a line from the Rock Island & Peoria Railway in Peoria to the Mississippi River at East St. Louis.
Wing formerly controlled a line between Litchfield and Splingfield, Illinois, together with a branch from Litchfield to Mt. Olive. He also developed a large coal mine at Mt. Olive, and his plan was to secure an outlet for his coal to the Northwest. To that end he entered into an agreement with the Chicago, Rock Island & Peoria railroad, for a connection at or near Peoria, and surveyed a line to that connection. His object was to build under the charter of the Rock Island, Peoria & St. Louis Railway Company, and then consolidate with the line from Springfield to Litchfield, and also to take in the line from Mt. Olive.
He also proposed to build a line from Mt. Olive to East St. Louis or to a connection with what is now known as the Toledo, St. Louis & Kansas City railroad, and secure track privileges to East St. Louis on that line. But before he had developed his scheme the line went into the hands of a receiver.
Wing issued $25,000 of bonds (of which this one) which were worthless, and it was on an account of his he attempted to float them in Paris, when he was arrested.
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Additional Information
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No. All of the pieces we sell are either canceled or obsolete and have collectible value only. Â
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Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
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