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Auction: 21140 - The Kirk Collection of World Bonds & Share Certificates e-Auction
Lot: 290

U.S.A.: Oregon Pacific Railroad Co. (OR), first mortgage land grant sinking fund Gold Bond for $1000, 1880, #1492, signed by T.E.Hogg as President, front view of locomotive inset at top with dock scenes behind, ornate border, black, with coupons. Colonel Thomas Egerton Hogg was a rebel leader during the Civil War. He was sentenced to hang for attempting to rob ships coming into California whilst under the Confederate flag. It was commuted to life imprisonment but he was released under the general amnesty of 1866. In 1872 he reappeared in Corvallis and managed to incorporate and build the Corvallis & Yaquina Bay Railroad, later renamed the Oregon Pacific. The company failed due to mismanagement becoming bankrupt in 1890. Although Hogg was appointed receiver he was removed in 1893 and the line sold to the Oregon Central. VF.

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Sold for
£40

Starting price
£35