Handsome second mortgage convertible bond for the Poughkeepsie, Hartford and Boston Railroad Company for $100, issued to Edward Elsworth on September 1, 1875, 17 x 24, with 52 coupons intact. Carrying a rate of 7%, the bond is signed at the conclusion by George P. Pelton as president, with the upper portion featuring an attractive vignette of a busy, industrial river town with factories, trains, ships, bridges, and a mountainous backdrop, with the adjacent sides showing a farmer and a blacksmith. In fine condition. The Poughkeepsie, Hartford and Boston Railroad Company was founded in 1875 by George Pelton as a reorganization of the Poughkeepsie and Eastern Railroad. It later foreclosed again and was reorganized as The New York and Massachusetts Railway Company in 1886.
We use cookies on this site to improve your experience. By using this site, you accept our use of cookies. To learn more, please see our Privacy Policy.