[Fremont, John C.]: [Southern Trans-Continental Railroad Company]:

$875 · Offered by William Reese Company · No longer available

SOUTHERN TRANS-CONTINENTAL RAILROAD. TEXAS DIVISION – FROM JEFFERSON TO EL PASO. CONSTRUCTION SERIES "A." [32nd] SECTION OF 20 MILES. CERTIFICATE NO. [46] THE MEMPHIS, EL PASO AND PACIFIC RAILROAD ... A land grant and construction bond issued by the Southern Trans-Continental Railroad, one of the many railroads created during the era of American expansionism at the end of the Civil War. Signed in manuscript by executive committee members William Schmoele and A.G. Sneethen, with William Sneethen signing as the assistant secretary of the company, and endorsed on the verso by John Charles Fremont ("J.C. Frémont"), who served as chairman of the executive committee. "The object of the railway [was] to construct and establish a complete first class railway line and telegraphic communication beginning at a point on the eastern boundary of the State of Texas bordering on the State of Arkansas at or near Texarkana between the Sulphur Fork and Red River and thence as near as is practicable to the route of the Memphis El Paso and Pacific Railroad survey to or near the town of El Paso" – Gammel. The bonds were issued by the Southern Trans-Continental Railroad ostensibly to pay back mortgages that the company executed to raise funds for the venture. According to the bond text, "The Memphis, El Paso and Pacific Railroad Company Hereby acknowledges itself indebted to John C. Fremont, in the sum of One Thousand Dollars, payable on the surrender hereof, by the transfer of Fifty Acres of Agric

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