| REF. NO. | DENOMINATION | DESCRIPTION | NO.ISSUED | CONDITION | VALUE |
|---|---|---|---|---|---|
| Share Capital | |||||
 |
|||||
| 101 | 5 shares of £20 | 185[5], green | #123, #125,#146,#147 | VF | £30-35 |
 |
|||||
| 106 | £20 shares | un-issued, 186-, red | ? | EF | £10-15 |
Border Counties Railway Company
Incorporated on 31st July 1854
A 26 mile line, connecting with the Newcastle and Carlisle Railway in Hexham and running to numerous towns in the area. Opened in 1862 having been amalgamated with the North British Railway in 1860.
Capital £250,000 in £20 shares, loans of £83,333
1854