Central Pacific Railway $1,000 bond 1944 (California)

Nice vignette of two classical male figures flanking a circular-framed steam train scene. Issued and cancelled. Dated dated 1944 in the text. Vertical format. Rough right edge due to coupon removal. Measures approximately 10 x 15 inches. 

On July 29, 1899, the Central Pacific Railroad is reorganized as the Central Pacific Railway.

The Central Pacific Railroad (CPRR), founded in 1861 by the "Big Four" merchants (Stanford, Huntington, Hopkins, Crocker) and engineered by Theodore Judah, built the western half of America's First Transcontinental Railroad from Sacramento eastward, facing huge challenges in the Sierra Nevada mountains using thousands of Chinese laborers, finally meeting the Union Pacific at Promontory, Utah in 1869, drastically cutting travel time across the U.S. and later becoming part of the Southern Pacific system.

The Central Pacific Railroad (CPRR) was chartered by U.S. Congress in 1862 to build a railroad eastwards from Sacramento, California, to complete most of the western part of the first transcontinental railroad in North America. Incorporated in 1861, CPRR ceased independent operations in 1885 when the railroad was leased to the Southern Pacific Railroad Company. Its assets were formally merged into Southern Pacific in 1959.

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