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Mexico North Western Railway Company: A Railway Bridge Between Mexico and Canada
The bond certificate presented here belongs to the Mexico North Western Railway Company, a significant railway company that operated in the early 20th century. Founded with substantial share capital of $4,000,000, the company was responsible for constructing and managing a strategic railway network in northwest Mexico, connecting various regions of the country and facilitating the transportation of goods and passengers. This document represents a First Mortgage Bond with a 5% annual interest rate and a 50-year term, issued in March 1909.
Historical Context
At the beginning of the 20th century, Mexico was undergoing a period of modernization and industrial development under the regime of Porfirio Díaz. The construction of railways was a crucial part of this transformation, as it connected agricultural and mining regions with major urban centers and ports, facilitating trade and the export of natural resources. The Mexico North Western Railway Company was one of several railway companies founded during this period to contribute to the creation of an extensive and efficient railway network.
The 1909 bond certificate reflects international investors' confidence in Mexico's economic growth potential. With a 5% interest rate and a 50-year term, these bonds represented a stable and long-term investment opportunity, backed by mortgage guarantees on the company's properties.
Company Historical Data
| Field | Details |
|---|---|
| Year of establishment | Early 20th century (1909 for the bond) |
| Headquarters | Canada (incorporated under Canadian laws) |
| Name upon delisting | Mexico North Western Railway Company |
| Year of stock market listing | Not available |
| Year of delisting | Not available |
| Year of company closure | Not available |
| Initial capital | $4,000,000 |
| Final capital | Not available |
| Sector | Railway |
Certificate Characteristics
| Field | Details |
|---|---|
| Type of title | First Mortgage Bond |
| Annual interest | 5% |
| Term of the bond | 50 years |
| Face value | £100 |
| Issue date | March 1, 1909 |
| Printer | Waterlow & Sons Limited, London |
| Signature | Signed by the Company's President and Deputy Secretary |
| Decorative elements | Architectural motifs in blue and gold with an illustration of a moving train |
| Artist | Not specified |
| Other details | Stamps and postmarks added after issuance |
Artistic and Typographic Context
The certificate features an elegant decorative frame with architectural motifs in blue and gold, typical of the ornamental styles of the time. At the center of the document, a detailed engraving depicts a moving train, symbolizing progress and modernity. The text is composed in a formal and legible font, giving the document an authoritative appearance. This certificate was printed by the renowned Waterlow & Sons Limited of London, one of the leading printers specializing in financial documents and bonds.
Provenance
This certificate comes from a private collection and has been preserved in excellent condition. It represents a significant piece of Mexico's industrial history, a witness to the era when the country was investing heavily in railway infrastructure to stimulate economic growth.
Valuation and Rarity
The bond certificate of the Mexico North Western Railway Company is considered a rare and highly collectible item, especially for its historical value and the artistic quality of its production. The relevance of the railway sector in the context of Mexico's economic development in the early 20th century makes it particularly sought after.
Tips for Scripophily Collectors
Owning a certificate like this means holding a significant piece of Mexico's economic and industrial history. It is advisable to display these documents in high-quality frames, protected from direct light, to preserve their beauty and integrity. These certificates are not only a historical investment but also represent unique and sought-after gifts, ideal for history enthusiasts, collectors, or as decorative elements that combine art and historical memory.
All historical documents for sale are considered collectibles. The documents have no economic or financial value (no economic or financial value); the images that are not of the historical document are representative of the company's object and the historical period of reference and are not provided, but can be freely downloaded from the website and printed.
