Beautifully engraved antique bond certificate from the Snohomish Valley Railway Railway Company dating back to the early 1900's. This document, which carries the printed signature of the company Secretary, was printed by the Security Bank Note Company and measures approximately 10 1/4" (w) by 14 1/4" (h).
The fantastic triple vignette on this piece shows the famous Snohomish Bicycle Club tree at the center. The walk through tree was hollowed for the Snohomish Bicycle Club in the late 1890s. It was located about two miles south of the town of Snohomish. It fell in 1928 and another nearby tree was hollowed in the same manner. The replacement tree stood until vandals set it on fire in the late 1990s. At the right, there is a mountain valley farm scene, and an electric troilley appears in the center.
You will receive the exact certificate pictured.
The Snohomish Valley Railway was originally planned as a Great Northern feeder line, organized by a group of Snohomish businessmen.
The road was planned to run from Snohomish to Monroe, then through the Cherry Valley to Novelty, Tolt, Issaquah and Renton. In Renton, it would connect with an existing electric line to Seattle. Form there, the line was to work its way westward to Lowell.
Gold bonds were printed (of which this is one), when the Great Northern decided to build its own feeder line. This met with little objection from the organizers of the Snohomish Valley Railway, who just wanted to the line - regardless of how it came about. The company canceled the gold bonds and called in their agents.
However, one unscrupulous agent, Charles Meeker, kept pumping the bonds to unknowing investors in Europe who had no idea they were worthless. For years, letters came into Snohomish from "investors" wondering what had become of their investment. Some of the locals took to writing back to the duped, explaining they had purchased bonds for a line that was never meant to be.
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.