-40%
1867. Savannah Georgia. South Western Railroad Stock
$ 10.55
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Description
1867. Very Fine condition. Punch cancelled.The real beginning of the railroads into southwestern Georgia officially began with the South Western Railroad, its charter being granted in December 1845. Like many of the early railroads, the charter was very liberal as to route and methods of financing and operating. It also granted an exemption from taxation beyond one-half of one per cent of its annual net income.