Created: Probably 1850s
Medium: Engraved bond

Virginia and Tennessee Railroad Bond

This bond, issued by the Virginia and Tennessee Railroad and underwritten by the Bank of America in New York, promises the bearer a thirty dollar interest payment on July 1, 1863. Bonds such as this one were probably issued in the 1850s to finance the construction of that railroad line. The five clipped sections missing from the coupon seem to indicate that the bearer of the bond did receive some payments on the investment. This financial instrument is part of a collection of papers that belonged to Jacob Cassell, who worked for the Virginia and Tennessee Railroad during the Civil War.

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