Watch List notes:

Chicago & South Western Railway Company (Iowa and Missouri railroad. Stock Certificate. Certificate No. 685 (Incorporated Under the Laws of the States of Iowa and Missouri). Unissued and cancelled. Dimensions: 7x14⅞ inches. Light toning and folds, stamped for redemption with cancellation punches, pencil notation on reverse. As made with attractive vignettes.

From the Anna Maria Island Collection.