ALABAMA. 8% Second Mortgage Conv. Bond of $1000. green, black. No 857. Large format with folds and one small hole. Uncancelled. Six vignettes. Chartered in 1866 to build a line from Mobile to New Orleans (completed 1870), as well as roads to Chattanooga and Houston, Texas. Renamed the New Orleans, Mobile and Texas RR in 1871. Extremely rare.
Date: 8 March 1869
Startprice: € 240