Watch List notes:

Lake Shore and Michigan Southern Railway Co. 1907. $1000. Issued, cancelled. Gray-green. Issued to Alice G., Alfred G., William K. Vanderbilt, Chauncey M. Depew and Edward V.W. Rossiter as Executors of the Will of Cornelius Vanderbilt. Signed by Chauncey M. Depew on the attached assignment slip. Some edge nicks, F-VF..

Estimate: $50-75