Arkansas, Louisiana and Gulf Railway - $1,000 Gold Bond (Uncanceled) - Railroad for Sale

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Arkansas, Louisiana and Gulf Railway - $1,000 Gold Bond (Uncanceled) - Railroad For Sale

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Arkansas, Louisiana and Gulf Railway - $1,000 Gold Bond (Uncanceled) - Railroad :
$225.00

$1,000 5% Bond was payable in Gold Coin of the U.S. Uncanceled. Attached sheets of coupons. Superb graphics and borders by American Bank Note Co. Superb Condition! Outstanding Bond! Scarce and Popular State. The Arkansas, Louisiana and Mississippi Railroad (reporting mark ALM) is a 52.9-mile (85.1km) short-line railroad in northern Louisiana and southern Arkansas. Opened in 1908, it has undergone several corporate reorganizations, but has remained independent of larger carriers. In 2004, paper producer Georgia-Pacific sold the company to shortline operator Genesee & Wyoming Inc. Traffic generally consists of lumber, paper, forest products, and chemicals. The AL&M runs north from Monroe, Louisiana, on the Kansas City Southern Railway's Meridian Speedway, through Bastrop to Crossett, Arkansas, generally paralleling U.S. Routes 165 and 425. At Crossett, the AL&M interchanges with the affiliated Fordyce and Princeton Railroad, which hauls its cars to the Union Pacific Railroad at Fordyce. A branch from Item ordered may not be exact piece shown. All original and authentic.