Chesapeake and Delaware Canal Co. - Unissued Bond

Description: $500 Unissued Bond. American Bank Note Co., NY. The Chesapeake & Delaware Canal (C&D Canal) is a 14-mile (22.5km)-long, 450-foot (137.2m)-wide and 35-foot (10.7m)-deep ship canal that connects the Delaware River with the Chesapeake Bay in the states of Delaware and Maryland in the United States. In the mid17th century, mapmaker Augustine Herman observed that these great bodies of water were separated only by a narrow strip of land. In 1764, a survey of possible water routes across the Delmarva Peninsula was made, but little action followed. The idea was raised again in 1788 by regional business leaders, including noted Philadelphians Benjamin Franklin and Benjamin Rush. Despite the beginnings of a commercial venture in 1802"coincident with Canal Mania in England and Wales"it wasn't until 1829 before the C&D Canal Company could, at last, announce the waterway "open for business". Its construction cost of $3.5 million made it one of the most expensive canal projects of its time. In the present era, the C&D Canal is owned and operated by the U.S.Army Corps of Engineers, Philadelphia District. The project office in Chesapeake City, Maryland, is also the site of the C&DCanal Museum and Bethel Bridge Lighthouse. The canal saves approximately 300 miles on the route between Wilmington and Philadelphia on the Delaware River, and the major Chesapeake Bay ports such as Baltimore, Richmond, and the Hampton Roads, avoiding a course around the Delmarva Peninsula. The canal is itself a significant landmark and cultural boundary for the state of Delaware, considered a divide between the urbanized northern portion of the state and the rural sout Item ordered may not be exact piece shown. All original and authentic.

Price: 135 USD

Location: Portsmouth, New Hampshire

End Time: 2025-01-27T15:11:51.000Z

Shipping Cost: 6.25 USD