-40%

Cleveland and Pittsburgh Railroad Company Stock Certificate

$ 2.63

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

    Description

    Cleveland and Pittsburgh Railroad Company Stock Certificate
    This piece is an Ebay exclusive. We are only offering this piece here!
    The Cleveland and Pittsburgh Railroad, organized on March 14, 1836, was the first railroad to serve Cleveland. A group of businessmen formed the Cleveland, Warren and Pittsburgh railroad to build a railway from Cleveland to the Ohio River and on to Pittsburgh. These men chose the route judiciously, for it eventually became one of the heaviest traveled routes in the nation. It still carries iron ore from docks on the lake front to the mills of Pittsburgh. The railroad had financial troubles, and in 1845 reorganized, eliminating Warren from its name. Still in trouble, at a public meeting on March 23, 1847, it was decided to ask Cleveland residents to back the enterprise with public funds. In an election held in April the electorate voted to contribute 0,000 of the city funds for stock to aid in construction.
    It took another three years for the road to reach Hudson, and another few years before track was laid to Pittsburgh. On March 4, 1852, the mayor of Cleveland and the entire City Council boarded a train and rode to Wellsville on the Ohio River, where they joined in a three-day celebration. In 1864 the C and P Railroad replaced a wooden trestle across Tinker’s Creek with a 200-foot long, 20-foot wide masonry arch bridge. The four arches were approximately 50 feet wide. In 1901 the line abandoned the viaduct.
    This railroad is still in existance as it was leased by the Pennsylvania Railroad for 999 years. The C and P eventually became the main line of the Pennsylvania, from Cleveland to Bedford, Ravenna, Alliance, Steubenville, Wheeling and Pennsylvania.
    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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    Absolutely not! We have 1,000s of certificates on our website.