TEXAS. 10% 1st Mortgage Bond of $500. black. No 371. Folds. Long horizontal format. Paris issue. Formed 1853 to build a 50-mile line from Galveston to Houston TX. This was the first Texan railroad to try to raise money in Europe. The first attempt, in Paris, was a failure, but a second try, in London and Amsterdam, was successful. By 1888 the line was in the hands of the International & Great Northern RR. Rare and wanted bond.
Date: 1 June 1855
Startprice: € 200