Chicago & North Western set up a company specifically for the railroad lines that went from Boyer-Denison and from Boyer-Kiron2-Schleswig-Ricketts-Berne-Ute2-Soldier2-Moorhead2-Pisgah-Orson-Dewey-Mondamin -and it was called "Boyer Valley Railway Company" (BVR).
BVR was a very short lived company. Incorporated in early 1898 and dissolved by 1899 - around less than two years.
Not only was BVR to actually build the actual railroad itself - but it was also to help search avenues to finance it as well - and this was done (or at least attempted) to be done by marketing bonds.
The general thinking was that farmers and townsmen along that railway line would benefit from the existence of the new railway line they could/should have an option to invest in it as well.
So it they either marketed stock - or at least C&NW/BVR considered it - and at 3.5% at the end of a term. I was likely after one year - but the images below are not of high enough resolution to see the fine print. I am not sure what actually happened - if BVR stock actually hit the stock markets or not. But the stock SPECIMENS would as it seems look like these.
This has not researched in greater detail.
Contributed by and Used with Permission of Brent Friedrichs
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