South Carolina Rail Road Company Fare Tickets, USA
1873. Group of three tickets in a currency format, each stamped with a number in red ink in upper portion, 8.2 x 18.1cm. Minor creases. Each ticket resembles a bank note and has a different value of one, two or five, indicating the number of rides valid for travel on the train. The text indicates that the passengers could travel for “twenty-five miles.” All the tickets are dated “July 1st, 1873” with the place of issue “Charleston” and the name of printer “American Bank Note Co. New York.” With debt over $6 million in 1873, the South Carolina Rail Road Company was unable to expand. To raise funds, the company issued “fare tickets” which were found to be helpful. “Widely accepted as currency, each unit was good for a 25-mile passage…Despite these [tickets] and all other efforts,” the company went into bankruptcy in 1878. Ref: Wiki.
Item #CL203-5
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