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Houston, Tap and Brazoria Railway Co. 1861 I/U Stock Certificate Issued 1 month After Texas Seceded

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Houston, Tap and Brazoria Railway Co. 1861 I/U Stock Certificate Issued 1 month After Texas Seceded
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Houston, Texas, April 5, 1861. 6 Shares I/U Capital Stock Certificate, S/N 242, Black text with black border, Train passing on tracks at top center. VF condition with some toning and a pair of small holes at top left corner where the certificate was probably stored in a file. The certificate was issued exactly 1 month after Texas became a Confederate State and Seceded from the Union (March 5, 1861). Signed by E.W. Taylor as president; E.F. May as secretary and Issued to Thomas Thatcher. Rare issued and rarer as a Confederate Railroad Issue. The Houston Tap and Brazoria Railway was chartered in September 1856 to extend southward from Houston to West Columbia in Brazoria County. The railroad's nicknames were the Columbia Tap and the Sugar Road. The railway absorbed track from an earlier short-lived line and reached West Columbia in 1860. After the American Civil War, the railroad ran into serious financial difficulties and was sold to the Houston and Great Northern Railroad.