Description

    John C. Fremont - Southern Trans-Continental Railroad (Texas)
    A $1000 debt certificate payable as imprinted to John C. Fremont and signed by him on the verso. Fremont, a Union General during the Civil War, earned the nickname "The Pathfinder" for his earlier exploration in the Southwestern United States. The financing of this venture was to be accomplished by the sale of bonds based on a grant to Fremont by Texas of eight million acres of land. However, the French agents employed for the purpose of selling the bonds falsely claimed that they were guaranteed by the United States government in their marketing efforts. Fremont, though not directly involved in the deception, was prosecuted in absentia by France. Uncancelled. Extremely Fine. A significant piece of railroad and Western history.


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    Auction Dates
    Jul-Aug, 2003
    30th-15th Wednesday-Friday
    Internet/Mail Bids: 5
    Lot Tracking Activity: N/A
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