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autographs

Document 30935

J.P. MORGAN. Bond signed: "J. Pierpont Morgan" as Trustee on verso, 5p, 13½x9½. Also signed: "Josiah H. Reed" as President, "C.C. Clarke" as Vice President and "Geo S. Jones" as Secretary and signed by another Trustee on verso. Dated 1886 June 30. New Jersey Junction Railroad Company bearer bond with $1000 principal, 100-year maturity, 4% annual interest, with 40 interest coupons attached to each sheet. Four pages of interest coupons are still attached; 42 of the original 200 interest coupons were redeemed from 1886 to 1907. Bond #1779. The filing portion of the bond was printed in over 20 different type styles to make it difficult to counterfeit. Most stunning is the large Hudson River scene on the signed docketed page, which shows ferry boats on the river as well as a train, symbolizing all the transportation interests of the New York Central and Hudson River Railroad Company. Morgan, who increased the family fortunes considerably with his investments in railroads, also reorganized the Philadelphia & Reading Railroad the year this bond was signed. Ink lightly smudged at Reed's last name. Fine condition.

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