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    Sale 2519 | Lot 17
    Price Realized: $1,500With Buyer's Premium
    Show Hammer Price
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    • Sale 2519 Lot 17

      YOUNG, BRIGHAM. Document Signed, as President of the Utah Central Railroad, recording a resolution of the UCR Board of Directors on June 28, 1869, that "Sup't Joseph A. Young go east to negotiate for the Iron and Rolling Stock necessary for the Road: and, that he prepare blank forms of twenty years six per cent one thousand dollar coupon bonds, principal and interest payable in Gold." Countersigned by UCR Secretary John Willard Young. 1 page, folio, ruled paper; short separations at horizontal folds, faint scattered soiling, notary's embossed seal at lower left. [Salt Lake City, 5 July 1869]

      Estimate $700 - 1,000

      On March 8, 1869, as the two ends of the First Transcontinental Railroad approached each other in the Utah Territory, Young founded the Utah Central Railroad Company in order to build a railroad connecting the capital to the main line, over thirty miles to the north. Soon after, the board of directors elected Brigham Young president, his son Joseph Angell Young (1834-1875) general superintendent, and another son John Willard Young (1844-1924) secretary. On May 10, one month before this document was signed, the Railroad was completed in Promontory Summit, UT.

      Price Realized (with Buyer's Premium) $1,500