"STATE OF ILLINOIS, COUNTY OF McDONOUGH, NORTHERN CROSS RAIL ROAD SUBSCRIPTION BOND, ISSUED IN PURSUANCE OF AN ORDER OF THE JUDGES OF THE COUNTY COURT OF SAID McDONOUGH COUNTY, PROVIDING FOR THE SUBSCRIPTION TO THE CAPITAL STOCK OF THE NORTHERN CROSS RAIL ROAD COMPANY . . . TWENTY YEARS AFTER DATE, WE, THE COUNTY OF McDONOUGH, IN THE STATE OF ILLINOIS, HEREBY PROMISE TO PAY TO THE NORTHERN CROSS RAIL ROAD COMPANY, OR BEARER, AT THE OFFICE OF THE FARMER'S LOAN AND TRUST COMPANY, IN THE CITY OF NEW YORK, ONE THOUSAND DOLLARS, FOR VALUE RECEIVED, WITHOUT DEFALCATION, WITH INTEREST THEREON AT THE RATE OF EIGHT PER CENT PER ANNUM.
"AND THE SAID COUNTY OF McDONOUGH, DOTH ALSO AGREE TO TRANSFER TO THE HOLDER HEREOF, ON THE FIRST DAY OF JANUARY, IN THE YEAR 1868 . . . ON THE DELIVERY OF THIS OBLIGATION, AND THE UNPAID INTEREST COUPONS, TEN SHARES OF THE CAPITAL STOCK OF THE NORTHERN CROSS RAIL ROAD COMPANY, OF ONE HUNDRED DOLLARS TO EACH SHARE"
[Quincy, IL: Patriot Office. Gibson & Warren, Printers, 1854. Folio broadsheet bond, oblong 16-1/4" x 9-1/2." Old folds with a couple of short, marginal fold splits [no text affected]. Printed in a variety of type fonts and styles. Very Good. Signed in ink by Thompson Chandler, County Judge of McDonough County; Isaac Grantham, County Clerk; N. Bushnell, President of the Rail Road; and C.E. Lippincott, State Auditor.
The County is in West Central Illinois. The Rail Road, one of the earliest Illinois Roads, was operated by the State of Illinois until the late 1840s. It later merged with the Wabash Railroad. Item #38904