NEW YORK. Shares of $10. black, blue seal. No 94. Formed 1880, New York, to offer a new type of railway crossing control. The very large and detailed vignette shows a stage-coach, drawn by four horses, and with passengers on top and inside, waiting to cross a railway line, when the gate has been lowered to allow a locomotive to pass. We see in detail how the system worked. Border with corner-vignettes of the U.S. shield.
Date: 12 January 1881
Startprice: € 500