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Auction Date:2010 Apr 15 @ 11:00 (UTC-4 : AST/EDT)
Location:Crowne Plaza Hotel. 401 South Van Brunt St, Englewood, New Jersey, 07631, United States
1xxx (ca.1890-1900's), $-Odd, 4% 1st Mortgage Railroad and Land Grant Gold Bond. Orange border w/ allegorical helmeted female warrior on left vignette. International BNC, Specimen, XF, Infrequently seen bond from this famous railroad, possibly only known as a specimen. Early troubles led to bankruptcy during the 1870s, the result of which was reorganization of the Union Pacific Railroad as the Union Pacific Railway on January 24, 1880, with its dominant stockholder being Jay Gould. The new company also declared bankruptcy, in 1893, but emerged on July 1, 1897, reverting to the original name, Union Pacific Railroad.
Auction Location:
Crowne Plaza Hotel. 401 South Van Brunt St, Englewood, New Jersey, 07631, United States
Previewing Details:
Monday through Wednesday, April 12th to 15th, 2010 – 9:00 AM to 7:00 PM
Thursday, April 15th, 2010 – 8:00 AM to 7:30 PM
Friday, April 16th, 2010 – 8:30 AM to 10:30 AM
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
18% |
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
BIDDING
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EXHIBITION AND INSPECTION OF LOTS; QUALITY AND AUTHENTICITY
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request and at Archives International Auctions discretion.
(b) Each lot is sold as genuine and correctly described, based on
individual description as modified by any specific notations in this
Catalogue.
(c) Quality. Any lot which a purchaser considers to be incorrectly described
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provided, however, that the same is received by
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the auction; however, Archives International Auctions may, in its
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of a generally recognized authority is desired, the period of time
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the event that a dispute cannot be resolved by reference to a
generally recognized authority, and Archives International Auctions
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identical to thedescription disputed, the Returning Purchaser
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the sale to the Returning Purchaser and the proceeds of a sale
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of the re-sale, including commission, and all incidental damages.
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account of their appearance, if they are illustrated in this Catalogue;
or (iv) lots described as having repairs, defects or faults
for any reason.
(d) Authenticity. Any lot which is declared otherwise than genuine by
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is received by Archives International Auctions within four weeks
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declines to express an opinion is normally grounds for the
return of a lot.
(e) Expenses incurred a purchaser in the submission and the return
of a lot under Conditions of Sale 7 are not subject to refund.
SALES TAX
8. Unless presentation of satisfactory proof that it is exempted by law,
a purchaser shall pay to Archives International Auctions New Jersey
or New York State and local sales taxes, or any compensating use
taxes of any other State claiming jurisdiction. A purchaser shall indemnify
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of articles at the auction, whenever the same may arise.
APPLICABLE LAW, JURISDICTION, ETC.
9. All matters arising out of this auction shall be governed by the laws
of the State of New Jersey without giving effect to the choice of law
principles thereof.
ARBITRATION
10. Any controversy or claim arising out of or relating to this auction shall
be settled by arbitration in the City of New York, State of New York in
accordance with the Rules of the American Arbitration Association
and judgment upon the award rendered by the Arbitrator or Arbitratorsmay
be entered in any Court having jurisdiction.
JURISDICTION AND VENUE OF ACTIONS
11. The purchaser at this auction (a) consents and submits to the jurisdiction
of the Courts of the State of New Jersey or New York and of
the Courts of the United States for a judicial district within the territorial
limits of the State of New Jersey for all matters arising out of this
auction sale, including, without limitation, any action or proceeding
instituted for the enforcement of any right, remedy, obligation and liability
arising under or by reason thereof; and (b) consents and submits
to the venue of such action or proceeding in the City of Hackensack,
County of Bergen, State of New Jersey (or such judicial district
of a Court of the United States as shall include the same, and (c) further
consents that service of process in any action relating thereto
may be effected by registered mail, return receipt requested address
to the purchase at the address given to the auctioneer at the time of
the sale.
BIDDING STEPS
12. Bidding Steps shall be as follows:
BIDS BY TELEPHONE
(a) Must be confirmed in writing unless waived by the auctioneer.
(b) Any errors are the responsibility of the bidder.
(c) No bids accepted less than 1 hour before the commencement of
the sale.
BIDS BY FAX OR EMAIL
Bids must be received 1 hour before sale commences — be sure to
use(201) 871-4345 or
PHONE BIDDING DURING THE SALE
Phone bidding space is limited and available on a first come, first served
basis.
The importance of reserving early cannot be overstated!
Please call us at (201) 567-1130 to reserve your phone bidding space