JP MORGAN SIGNED New Jersey 100 Year RAILROAD BOND For Sale
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JP MORGAN SIGNED New Jersey 100 Year RAILROAD BOND:
JP MORGAN SIGNED PENNSYVANIA RAILROAD BOND. Currently selling for $2200 on Amazon
EMBOSSED NOTARIZED ON NOV. 1, 1869.
Beautifully matted and framed for preservation and protection.
JOHN PIERPONT MORGAN New Jersey Junction Railroad Co. $1000 One Hundred Year First Mortgage Bond, principal due in 1986. Bond signed: "J. Pierpont Morgan" on verso of last sheet as Trustee of the New York Central and Hudson River Railroad Company, guaranteeing the bond, 5p, 13½x9½. Dated Nov. 1, 1886. New Jersey Junction Railroad Company bearer bond with $1000 principal, 100-year maturity, 4% annual interest, Bond #2760. The filing portion of the bond was printed using over 20 different type styles to make it difficult to counterfeit. Most stunning is the large Hudson River scene on the signed docketed page, showing ferry boats on the river with the river running along it -- symbolizing all the transportation interests of the New York Central and Hudson River Railroad Company. Morgan, who increased the family fortunes considerably with his investments in railroads, also reorganized the Philadelphia & Reading Railroad the year this bond was signed. The previous year, Morgan arranged for the merger of the New York Central with other competitors, including the New York, West Shore & Buffalo Railroad, which he reorganized and leased to New York Central. In 1902, he founded the International Mercantile Marine, a huge shipping trust that controlled the White Star Line by 1912. The 74-year-old financier, in England at the time, had planned to return to New York on the maiden voyage of the new White Star ocean liner, Titanic. Morgan took ill, missing the fateful voyage, but later set sail for America on the Lusitania. Fine condition.
Condition is New. Shipped with USPS First Class Package.