Watch List notes:

McLeod Air Railroad Signal Co. Issued Stock. Connecticut, 1880, 25 Shares, Issued and Uncancelled Stock, #40, Black on green border and underprint, Three vignettes top center middle one is of moving locomotive one on right depicts scene of railway crash with dead horse and injured passenger vignette on left is of a railway crossing with the signal system, VF-XF condition, J.H. Buffords Sons Lithography.

Estimate: 300-600