-40%

Chicago and Alton Railroad Company Bond Certificate

$ 2.62

Availability: 100 in stock
  • Item must be returned within: 30 Days
  • All returns accepted: Returns Accepted
  • Refund will be given as: Money Back
  • Return shipping will be paid by: Buyer

    Description

    Chicago and Alton Railroad Company Bond Certificate
    This piece is an Ebay exclusive. We are only offering this piece here!
    The price of this piece has been reduced!!!
    The original price of this item was .99. You now save 29%!!
    The Chicago and Alton Railroad began service in 1847 in Illinois as the Alton and Sangamon Railroad and later linked Alton to Springfield and Joliet. However, financial reverses forced the Company through several bankruptcies and name changes until about 1855 when the Road was reorganized as the Chicago and Alton. The heyday of the Chicago and Alton Railway occurred after the Civil War when it operated nearly 1000 miles of track.
    By 1879 the Line was complete: beginning in Chicago, it bridge the Mississippi River at Louisiana, Missouri, extended through the town of Mexico to bridge the Missouri River at Glasgow and arrived at Kansas City, its western terminus, all on its own rails. Around the turn of the century, the E.H. Harriman Syndicate bought the Line, watered its stock, and shifted its assets first to the Union Pacific, then the Rock Island, and finally the Clover Leaf. After the Company's third receivership, it was sold to the Baltimore and Ohio Railroad in 1929 and renamed the Alton Railroad.
    In 1942, the Line was again sold to the Isaac Tigrett System where it helped form the nation's second Mid-Continent trunk line between Chicago and the Gulf under the Gulf, Mobile and Ohio Railroad name. Finally, in 1972, the Company merged with the Illinois Central to form the current Illinois Central Gulf System.
    Frequently Asked Questions:
    Is the certificate in this listing, the exact piece I will receive?
    For this listing - no, t
    he images are representative. We do this when multiple quantities are being offfered. You will receive a certificate in similar condition; however dating, denomination, certificate number and issuance details may vary.
    Is this document authentic or a reproduction?
    All pieces we offer are originals - we do not sell reproductions. If you ever find one of our pieces not to be authentic, it may be returned at any time.
    Can this certificate be cashed in?
    All of our 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.
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