Lot 392
Frémont, John C (1813-1890) American military officer, explorer; military governor of California, U.S. Senator, first presidential candidate of the Republican Party (1856), and territorial governor of Arizona. Scarce Series "A" Bond to The Memphis, El Paso and Pacific Railroad Signed "J. Frémont" on the verso, 5 x 7¾ in., 1868. Acknowledging receipt of one thousand dollars to Frémont, "payable on the surrender hereof, by the transfer of Fifty Acres of Agricultural Land…upon any of the Eight Million Acres donated by the State of Texas to the Company…." Frémont lost most of his money when the Memphis and El Paso Railroad went bankrupt. He had become the president of the company with the hopes of building a railroad line to San Diego.
Estimated Value $500 - 700.
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| Realized $300 |
