Collectible Stocks and Bonds from North American Railroads
by Terry Cox

Arkansas

Became territory: March 2, 1819
Became state: June 15, 1836

Certificates exist for many small railroads that were absorbed into predecessors companies that are now part of the Union Pacific system. A large number of logging railroads are known to have existed in the state, but they are poorly represented in the known certificate sampling.

Shield with steamboat, beehive, plow, and sheaf of wheat. Eagle behind shield holds ribbon with the words Regnat Populus (The people rule.) Angel of Mercy left, sword of Justice right. Sunrays behind Liberty at top who holds staff and Liberty cap. In engraved imitations, Justice may appear substantially larger and the sunrays smaller.

Number of Varieties of collectible certificates
(counting all companies that operated within the state)
Limited number (100 to 500 varieties)
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