165: AN INDIANAPOLIS BELT RAILROAD & STOCK YARD BADGE

Circa 1904, a striped ribbon with gold lettering 'Belt Railroad and Stock Yards Co. 1877-1904 Opening, No Mean Market, November 3rd', metal badge below with raised lettering 'Indianapolis Live Stock Exchange, Cattle Hogs Sheep', signed H.E. Smith on the back.
Measures 3.75 x 1.5 inches.
The upper bar pin is missing, gilding is worn from the metal badge, good condition overall.
$75 - $100