Dec 10 at 12:00 PM - Sale 2689 -

Sale 2689 - Lot 135

Estimate: $ 400 - $ 600
(WISCONSIN -- RAILROADS.) W.W. Rose, lithographers. [Corporate bond advertisement]. 3-page printed promotion of $80,000 worth of 10-year city bonds to aid in the construction of the Milwaukee and Watertown Railroad, including a lithographed map of the region. 14x8½ inches; folds, age tone. [Watertown, WI?, circa 1853]

Additional Details

The railroad went bankrupt and their scheme was such a disastrous failure it resulted in the practical collapse of the city. The bond creditors continued to push for payment for decades, ultimately leading to a dismissal by the United States Supreme Court in 1889.