|Title||Bond, specimen: Morris & Essex Railroad, NJ; 2nd Mortgage Convertible Bond, $1000, 1867; due 1891; Unregistered; unissued.|
|Collection||Hoboken Railroad Collection|
|Scope & Content||
Specimen bond: Morris & Essex Railroad Co., State of New Jersey, Second Mortgage Convertible Bond. $1000. Due August 1, 1891. 7% interest payable semi-annually.
Unregistered and unissued 1867 bond.
Printed in black and red on wove paper (no watermark), 15-1/2" wide x 23" high, folded to 4" wide x 7-3/4" high. All forty nine $35.00 interest coupons present.
To be issued to trustees, Jacob D. Vermilye and Dudley B. Fuller, or bearer.
|Notes||Morris & Essex Railroad (M&E) was chartered in 1835 and first trains operated in 1836. The Delaware, Lackawanna & Western Railroad became the leaseholder of the M&E with an agreement dated Dec. 10, 1868 and took control January 1, 1869. The M&E was formally merged with the DL&W on July 26, 1945.|
|Year Range from||1866|
|Year Range to||1867|
Delaware, Lackawanna & Western Railroad
Morris & Essex Railroad Co.
|Caption||bond certificate portion at top, cropped edges|
Business & Commerce