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Auction: 319 - Bonds and Share Certificates of the Americas
Lot: 3541

West India Improvement Co. $100 shares, 18[90], #293, together with 4% 10-Year bond, $1000, 1889, #203, both with vignette of allegorical figure at top, ornate border, printed by American Bank Note Co., green and black, uncancelled, embossed seal of Jamaican coat of arms, the first somewhat creased, about VF & VF. (2)

The company purchased the Kingston to Spanish Town Railway from the Jamaican Governemmnt in 1888 when the expansion of the sugar and plantation industries called for extensions to the line that the Governemnt could not afford. The extensions were built by this American syndicate and operated with limited success until it was forced into receivership in 1898 as it could not meet payment on its mortgage bonds. The Jamaican Government took over the line again in 1900.

Estimate
$80 to $100