Railway token

[xXRoosterXx]

 

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[Mackaydon]

Welcome to Treasurernet !
Great find.

https://www.worthpoint.com/worthopedia/colorado-valley-railway-co-token-504380236
Don.....

 

[xXRoosterXx]

Thanks that is all that I have been able to find on it as well.

 

[Mackaydon]

You may wish to check out this source:
https://legacy.lib.utexas.edu/taro/tslac/20086/20086-P.html

[h=3]An Inventory of Railroad Commission Railroad History Files at the Texas State Archives, 1836-1996, undated, bulk 1850-1960[/h][TABLE="width: 100%"]
[TR]
[TD="colspan: 10"]Colorado Valley Railway Co., 1853-1855[/TD]
[/TR]
[TR]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD][/TD]
[TD="colspan: 10"]Colorado Valley Railway Co., 1898, 1972, undated
Don....[/TD]
[/TR]
[/TABLE]

 

[idahotokens]

Nice one! There are denominations from 5 to 1.00 on tokencatalog
THE COLORADO VALLEY RAILWAY CO. / PAYABLE / ON THE 1ST DAY / OF ANY MONTH / SWEETWATER / TEX. (TC-91115)
The 1979 Supplement to the Trade Tokens of Texas as published by the Token and Medal Society says, "Use of this token is not known; it is not a transportation token. The Colorado Valley Railroad was chartered in 1897 to build from Sweetwater to San Angelo; however, only seven miles of track had been laid when the road was taken over by the Kansas City, Mexico, and Orient Railway in 1900." It appears to me that they were used for payroll purposes. A crew foreman would issue them to workers based on their pay rate and hours worked, then the worker would be able to cash them in at the paymaster on the first of the month. Of course, if there were "camp followers", the worker might not have a lot left at the first of the month.

Many Texas newspapers are online - they may have more contemporary info.

John in the Great 208

 

[A2coins]

Love railroad stuff Awesome find

 

[A2coins]

Welcome to tnet

 

[Professor of Engineering]

Very cool find!