Credit Foncier of America

Credit Foncier of America
IndustryFinancing, railroads, real estate
Founded1866
Defunct1870s
FateBankrupt
HeadquartersOmaha, Nebraska
Denver, Colorado
Tacoma, Washington
Key people
George Francis Train

Credit Foncier of America was a late 19th-century financing and real estate company in Omaha, Nebraska. The company existed primarily to promote the townsites along the Union Pacific Railroad,[1] and was incorporated by a special act of the Nebraska Legislature in 1866.[2][3] Credit Foncier was said to be "intimately connected with all the early towns along the Union Pacific."[4]

While related to George Francis Train's Crédit Mobilier company, Credit Foncier was not involved in the Crédit Mobilier scandals that tore that organization apart.[5]

  1. ^ Reps, John W. (1992) [First published 1965]. The Making of Urban America. A History of City Planning in the United States. Princeton University Press. p. 402. ISBN 978-0691006185.
  2. ^ Morton, A. (1966) The Great American Land Bubble: The Amazing Story of Land-grabbing. Johnson Reprint Corp. p 290.
  3. ^ Morton, J.S., et al. (1918) History of Nebraska. Western Publishing and Engraving Company. p 349.
  4. ^ Quiett, G.C. (1939) They Built the West: An Epic of Rails and Cities. D. Appleton-Century Company, incorporated. p 157.
  5. ^ McCague, J. (1964) Moguls and Iron Men: The Story of the First Transcontinental Railroad. Harper and Row. p 135.