637

Empire City Subway Co., Ltd., 1892 Specimen Bond Rarity

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:110.00 USD Estimated At:160.00 - 280.00 USD
Empire City Subway Co., Ltd., 1892 Specimen Bond Rarity
PLEASE CONTACT US TO REGISTER FOR LIVE BIDDING OR ABSENTEE BIDDING AT:

PH: 1-201-944-4800
FAX: 1-201-839-3336
Web: www.archivesinternational.com
Email: info@archivesinternational.com

Snail Mail: Archives International Auctions
1060 Main Street, Suite 202, River Edge, NJ 07661

The auction will take place on January 18, 2022 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New York, 1892. $1000 Specimen 6% Second Mortgage Gold Coupon Bond, Black text with orange border and undertint, Reclining allegorical figure at top. POCs, VF condition. Unlisted color in Cox, Very Rare. The company was formed in 1891 as part of a plan for common utility ducts to consolidate all utilities including railroads underground. Incompatibility among the utilities limited the range of utilities that could share their ducts, so the company now operates as a wholly owned subsidiary of Verizon New York Telephone under a franchise from the city. In addition to Verizon, the company provides service to cable television and other telephone companies.