Louisville Cincinnati and Charleston Rail Road Bond 1838 - Rare
Pricing & History
-
Sold for
Start Free Trial or Sign In to see what it's worth.
- Sold Date
- Source eBay
Louisville Cincinnati & Charleston Railroad CompanyState of South Carolina250 Pounds Sterling 5% LoanOne of the first railroads to issue bonds.177 years old.1838Very good condition.Issued & cancelledHas a few pin-holes in the top left margin and corners & the usual folds.Printed by Draper Tappan Longarre & Co. Phil. & NY.Approx. 8" x 12".***The Louisville, Cincinnati and Charleston was chartered in the States of South Carolina, North Carolina, Tennessee and Kentucky in 1835 and 1836 as The Cincinnati and Charleston Rail Road Company, to construct a railroad from an intersection with the South Carolina Canal and Railroad Company, which operated a railroad line between Charleston, South Carolina and Hamburg, South Carolina, to a point on the Ohio River near Cincinnati, Ohio.In 1836 and 1837, the name of the company was changed in the charter states to The Louisville, Cincinnati and Charleston Rail Road Company. Partly because the company was unable to obtain a charter through all states on the planned line the original plan was abandoned.Former South Carolina Governor Robert Y. Hayne was named the first president of the Louisville, Cincinnati and Charleston, and other board members included John C. Calhoun and Robert Mills.In 1840, James Gadsden became president, a position he held for 10 years. Gadsden was a proponent of a Southern
read more
Items in the Price Guide are obtained exclusively from licensors and partners solely for our members’ research needs.
If this item contains incorrect or inappropriate information please contact us here to flag it for review.
If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.
If you are the originator/copyright holder of this photo/item and would prefer it be excluded from our community, contact us here for removal.