Saturday, January 28, 2012

Collectible Galveston, Houston and Henderson Railroad Company

It is particularly interesting to note that most of these bonds have been bought up by speculators. As a result, they are now extremely rare. The railroad operated by the Galveston, Houston and Henderson Railroad Company, hereinafter called the carrier, consists principally of a single-track, steam railroad, located in southeastern Texas, extending from Houston to Galveston.

The wholly-owned property consists of that portion of the main line projecting from Houston to the beginning of the joint causeway zone at Virginia Point and from the end of the joint causeway zone to Thirty-third Street on Galveston Island, aggregating 46.527 miles of road. The separated sections are connected by means of a concrete causeway with approaches about 2 miles in length across Galveston Bay which in part is jointly owned and used by the carrier, The Galveston, Harrisburg and San Antonio Railway Company, and the Gulf, Colorado and Santa Fe Railway Company.

Located within the joint causeway zone are 2.539 undivided miles of road jointly owned with these same carriers. This company grants to The Missouri, Kansas & Texas Railway Company of Texas and the International and Great Northern Railway Company the joint use of its tracks and facilities between Houston and Galveston, Tex. On the other hand, it uses under agreements, passenger and freight terminals of other carriers at Houston and Galvestion.

The carrier was organized December 1, 1882, by Russell Sage and Jay Gould and associates under the original charter granted to the Galveston, Houston and Henderson Railroad Company (of 1853), for the purpose of acquiring the property of the Galveston, Houston and Henderson Railroad Company (of 1871). $100 Bond printed by John F. Trow.

State(s): New York
Texas
Years: Oct. 8, 1857
PRICE ON REQUEST
Condition: Particularly Choice Condition! Excellent!

For more information visit our web site, http://www.glabarre.com, or call George LaBarre at 1-800-717-9529.

George H. LaBarre Galleries - Collectible Old Stocks and Bonds and Old Stocks and Bonds
http://www.glabarre.com A foreign antique stock and bond company.

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