Knoxville (865) 558-3033 • Nashville (615) 812-6096 •

Case Auctions
Live Auction

2024 Summer Fine Art & Antiques (Day 1)

Sat, Jul 6, 2024 09:00AM EDT
Lot 578

$1,000 Railroad Bond; Selma, Marion and Memphis signed by N.B. Forrest

Estimate: $600 - $700

Bid Increments

Price Bid Increment
$0 $10
$100 $25
$500 $50
$1,000 $100
$3,000 $200
$5,000 $500
$10,000 $1,000
$20,000 $2,000
$50,000 $5,000
$100,000 $10,000

Nathan Bedford Forrest (1821-1877) twice-signed Selma Marion Memphis Railroad Company $1,000 First Mortgage Eight Per Cent Bond, No. 239, endorsed by the State of Alabama, dated September 1, 1869. Signed by Forrest as Company President, as well as Secretary Alpheus Monroe Fowlkes. Lithographed by Henry Seibert & Brothers, New York, with a vignette of a train in a landscape setting, top center, and a smaller vignetter of workers carrying cotton, lower right, surrounded by a decorative green border.  Signed again by Forrest en verso along with Governor of Alabama William Hugh Smith's endorsement signature and additional writing. 33 Coupons remain. Note: Nathan Bedford Forrest was a Confederate Calvary leader who attained the rank of lieutenant general in the Confederate Army, and after the war was involved in various business enterprises, including this railroad. Forrest, an inveterate opponent of Reconstruction, used such ventures to rebuild his fortune after the Civil War. He was not as successful in railroad promotion as in war and, under his direction, the company went bankrupt (adapted from


Very good condition with slight yellowing, right paper edge with chips.

Available payment options

  • Visa
  • Mastercard
  • Amex
  • Diners
  • Discover
  • JCB
  • Union Pay

Payment must be received no later than five (5) days after the sale.

If paying with a credit card, a 3% credit card processing fee will be applied to the final sales price (i.e. hammer price + buyer's premium + applicable taxes). If you have a credit card on file with Case, any winning bids will be automatically charged (up to $3000) along with applicable fees 72 hours after you receive your invoice unless other arrangements have been made.

If paying with wire transfer, please use the following information:
Bank: Pinnacle Bank
150 Third Avenue South, Suite 900
Nashville, TN 37201
Phone # (865) 766-3000
Swift Code: PNFPUS44
Routing, Transit, ABA: 064008637
Beneficiary: Case Antiques, Inc.
4310 Papermill Drive
Knoxville, TN 37909
Account #: NOT DISCLOSED (please refer to your invoice email for the Deposit Account Number or contact us )

The UPS Store of Bearden 865-584-0081 (press 5), fax 865-584-0094 

The UPS Store of Northshore Knoxville Contact – Eve 865-951-2499

John & Max Express LLC NOTE: large items & white glove delivery services only (driving range limitations may apply) Contact – Dina 865-230-1568