1360

New Brunswick and Canada Railway Land Company One Share, 1857

Currency:CAD Category:Coins & Paper Money Start Price:30.00 CAD Estimated At:60.00 - 80.00 CAD
New Brunswick and Canada Railway Land Company One Share, 1857

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Chartered in prior to 1856 by Act of the NB Legislature. It took over the St. Andrews and Quebec Railway Company. It acquired 10,000 acres for every mile built. The balance of the land remaining in the company was sold to Irving for 1.2 million. The net cost to him was $1.50 an acre.