NORTH & SOUTH CAROLINA RAILWAY Bond 1914. Carolina, Atlantic & Western RY. VF+++

Description

North and South Carolina Railway Company. Bond issued March 2, 1914. Incorporated in 1911 in the State of South Carolina.
Embossed company seal lower left. Certificate
No. 162
. ,000 First Mortgage 6% 50-Year Gold Bearer Coupon Bond. Principal due 1964.
Coupons #4 through #50 remain attached
on sheet. Hand signed by company
vice president Frank Moosh
and assistant secretary John J. O’Leary. Certificate is about 10” x 14.5.” Black print with orange borders.
Vignette with passenger train outside train shed.
The North and South Carolina Railway Company of South Carolina was chartered in 1908 and re-incorporated in 1911 as a consolidation with the North and South Carolina Railway Company of North Carolina. The North and South Carolina Railway ran from Gibson, North Carolina, to a connection with the Georgetown and Western Railway at the Pee Dee River, with less than a mile of the carriers route lying within North Carolina. The North and South Carolina Railroad also operated a 10-mile stretch of track between Gibson and Hamlet, North Carolina, owned by the Seaboard Air Line Railroad. In 1914, the South Carolina Western Railway, the South Carolina Western Extension Railway and the Charleston Northern Railway were merged into the North and South Carolina Railway to form the Carolina, Atlantic and Western Railway. That same year, the North and South Carolina Railroad merged with the Georgetown and Western Railway.
Condition:  Very Fine+++
, no folds, very minor creasing, no tears, light signs of wear/handling/toning (see photos), punch cancelled.
Printer:
Franklin Lee Division - American Bank Note Company, New York.
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