Bond & Shares #4153. South Side Railroad of Long Island $1000

$300.00

1 in stock

SKU: 4153 Categories: , Tags: , , ,

Description

#4153. South Side Railroad of Long Island (New York) 1873. $1000. Seven Per Cent First Mortgage Consolidated and Extension Bond. Issued, uncancelled. No.176. Green borders and underprint. Train at station, passenger train below, New York State arms, left. Coupons below. F. Wells Sackett & Bro. 17” x 10.5”. VF+. Some fold junction splits.

The South Side Railroad of Long Island started out as a competitor of the Long Island Railroad. The LIRR refused to build branches to the major towns in the southern portion of Long Island. The South Side was able to build and successfully operate branches from Valley Stream to Far Rockaway, and elsewhere. It was eventually absorbed by the LIRR. Cox reports the existence of less than ten examples.