Derby, Connecticut, City of, School Bond

Derby, Connecticut, City of, School Bond
Item# 2625

The City of Derby, the smallest city in the state of Connecticut, covers 5.3 sq. miles and has 12,080 residents. It is located in southwest Connecticut at the confluence of the Housatonic and Naugatuck Rivers. The area was inhabited by several Native American tribes including the Paugassetts and the Pootatucks for centuries. A trading post was established at Derby Docks in 1642 by John Wakeman of New Haven, but fur traders from New Haven had been in the area previously. The first year-round houses were built around 1651, at which time the New Haven Colony recognized it as a town, but the residents of nearby Milford protested so vehemently that the order was rescinded and the settlement returned to Milford jurisdiction until 1675 when the former plantation of Paugassett was admitted as the township of Derby by the state legislature.

For some time parts of the present day city of Derby were also known as Smithville and then Birmingham. The area prospered through agriculture, a successful foreign maritime trade, and manufacturing. The city of Derby was chartered by the state in 1893. The town's successful commercial development was by then based on manufacturing. From the first water-powered gristmill in 1681 to the opening of the Ousatonic Dam in 1870, efficient use of available power attracted a series of large manufactures to the town.

Certificate: School Bond, issued in the early 1900s

Printer: D. H. Bacon & Co., Print, Derby

Dimensions: 8 1/2 (h) x 13 (w)

State: CT-Connecticut

Subject Matter: Government Bonds | Schools and Education

Vignette Topic(s): None

Condition: Vertical and horizontal fold lines, punch hole (Al Capone style) cancels in signature areas and body, and some toning and edge faults from age. A separate sheet of 20 coupons will also be included.

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.