Description:

893. CIVIL WAR IS BAD FOR THE RAILROAD BUSINESS A.L.S. of the Treasurer of the South-Western Rail Road Company, 1p. 4to., Macon, Ga., Feb. 18, 1862 to Governor Joseph E. Brown of Georgia informing him "the business of our Road for the six months ending 31 ultimo, did not warrant the Declaration of a Dividend, on nett [sic] earnings being only $26,000 -- This is the first dividend this company have ever passed & I trust the last..." Light toning at extreme margins, else very good. $100-150

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October 15, 2006 12:00 PM EDT
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