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Auction: 1007 - Bond & Shares of The World
Lot: 270

Toronto, Grey and Bruce Railway Co., first mortgage bond for £100, Toronto 1884, no.546, very attractive piece with vignettes of steam train at station at left, paddle steamer at right, black, green underprint, red seal, with coupons, about very fine. Estimate £ 120 An interesting issue in that it was for a term of 999 years and was still quoted on the Stock Exchange until very recently when all outstanding bonds were called for redemption and the quotation cancelled. Controlled by Canadian Pacific. One of the very few instances where one could buy a beautiful collectors item and receive interest on the purchase price!

Sold for
£120