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Auction archive: Lot number 231

Letter from the Mutual Security Company offering for sale bonds to cover the construction costs of the Yosemite Post Office Building, on letterhead with a reproduced photograph of the building

Estimate
US$250 - US$350
Price realised:
US$156
Auction archive: Lot number 231

Letter from the Mutual Security Company offering for sale bonds to cover the construction costs of the Yosemite Post Office Building, on letterhead with a reproduced photograph of the building

Estimate
US$250 - US$350
Price realised:
US$156
Beschreibung:

Title: Letter from the Mutual Security Company offering for sale bonds to cover the construction costs of the Yosemite Post Office Building, on letterhead with a reproduced photograph of the building Author: Place: Oakland, Cal. Publisher: Date: c.1925 Description: One page, 27.5x21.5 cm. (11x8½"). Rare piece of Yosemite ephemera, offering bonds with accrued interested to net 7% - $40,000 worth were available, returning $108,000 after 20 years, in denominations of $500 and $1000. And even better, the assured income is "not subject to the ups and downs of most business," and "The building is covered by full fire insurance for the benefit of the bondholders." The historic post office building, a fine view of which is on the letter, was completed in 1925. No copies listed in OCLC. Lot Amendments Condition: Fine condition. Item number: 233984

Auction archive: Lot number 231
Auction:
Datum:
16 Jan 2014
Auction house:
PBA Galleries
1233 Sutter Street
San Francisco, CA 94109
United States
pba@pbagalleries.com
+1 (0)415 9892665
+1 (0)415 9891664
Beschreibung:

Title: Letter from the Mutual Security Company offering for sale bonds to cover the construction costs of the Yosemite Post Office Building, on letterhead with a reproduced photograph of the building Author: Place: Oakland, Cal. Publisher: Date: c.1925 Description: One page, 27.5x21.5 cm. (11x8½"). Rare piece of Yosemite ephemera, offering bonds with accrued interested to net 7% - $40,000 worth were available, returning $108,000 after 20 years, in denominations of $500 and $1000. And even better, the assured income is "not subject to the ups and downs of most business," and "The building is covered by full fire insurance for the benefit of the bondholders." The historic post office building, a fine view of which is on the letter, was completed in 1925. No copies listed in OCLC. Lot Amendments Condition: Fine condition. Item number: 233984

Auction archive: Lot number 231
Auction:
Datum:
16 Jan 2014
Auction house:
PBA Galleries
1233 Sutter Street
San Francisco, CA 94109
United States
pba@pbagalleries.com
+1 (0)415 9892665
+1 (0)415 9891664
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