CENTRAL of GEORGIA RAILWAY Bond 1922. Macon - Savannah, GA Est. 1835. ABNC. VF++

Description

Central of Georgia Railway Company. Bond issued November 2, 1922. Incorporated in 1895 in the State of Georgia
. Certificate
No. 274
was issued to Catherine L. Nye & Anna E. Delabarre.
,000
Consolidated Mortgage
40-Year
5% Registered Gold Bond. Principal due 1945. Hand signed by company
vice president A. R. Lawton
and secretary. 9.5” x 13.” Black print with green overprint/underprint.
Vignette with approaching train next to track workers.
The Central of Georgia Railway started as the Central Rail Road and Canal Company in 1835. The railroad connected much of its home state, parts of nearby Alabama, and even reaching Chattanooga, Tennessee. As a way to better attract investment capital, the railroad changed its name to Central Rail Road and Banking Company of Georgia. It all began during the 1830s when a worried Savannah wanted its own railroad in competition against one recently opened to Charleston, South Carolina. The railroad was constructed to join the Macon and Western Railroad at Macon, Georgia, and run to Savannah. This created a rail link from Chattanooga, on the Tennessee River, to seaports on the Atlantic Ocean. It took from 1837 to 1843 to build the railroad from Savannah to the eastern bank of the Ocmulgee River at Macon; a bridge into the city was not built until 1851. During the Savannah Campaign of the Civil War, conducted during November and December 1864, federal troops tore up the rails and converted them into "Sherman’s Neckties." The modern Central of Georgia was created during the 1890s and pieced together through new construction and many acquisitions. Its system map branched in every direction away from Macon, Georgia.
Condition:  Very Fine++
, light folds, minor creasing, no tears, light signs of wear/handling/toning (see photos), punch cancelled.
Printer:
American Bank Note Company, New York.
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