1862 Concord, Manchester & Lawrence Railroad 5 Cents Scrip - Nov 1st, 1862 - Rare Civil War New Hampshire Railroad Obsolete Five Cent Note

This listing is for the photographed 1862 Concord, Manchester and Lawrence Railroad 5 Cents Obsolete Merchant Scrip Note. This note is from the earlier issue of these scrip notes dated November 1st, 1862. Issued and signed, adding to the notes value. Very Good (VG) grade/condition, faded ink with visible folds and other signs of circulation. Great rarer find with an incredibly interesting history!

The Concord Railroad was chartered on June 27th, 1835, and initiated full service of the railroad on September 7th, 1842. The railroad quickly gained popularity among New Hampshire residents, becoming one of the most profitable railroads in all of New England at the time. The Manchester & Lawrence Railroad was chartered on June 3rd, 1847. The railroad operated independently until it was leased to the Concord Railroad in 1850, when the Concord, Manchester & Lawrence Railroad was formally established. The railroads operated together from 1850 until 1887, with the exception of a short time between 1853-56 when the Manchester & Lawrence Railroad operated independently before rejoining the Concord Railroad in their operations. The railroad issued two types of merchant scrips, one on November 1st, 1862, and another on December 1st, 1862. These scrip notes were used much like modern day coupons, as these notes would be issued by companies in association with their operating banks, in this case both the Market Bank Boston and the Union Bank in Concord, NH, to give their customers discounts of the identified amount off of their purchase. 

Thanks for stopping by!

1862 Concord, Manchester & Lawrence Railroad 5 Cents Scrip - Nov 1st, 1862 - Rare Civil War New Hampshire Railroad Obsolete Five Cent Note