-40%

ELEVEN *11* Pennsylvania Railroad Company, GREEN w/ Horses certifs, 1940s/50s

$ 11.08

Availability: 64 in stock
  • Refund will be given as: Money Back
  • Restocking Fee: No
  • All returns accepted: Returns Accepted
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 14 Days

    Description

    All of these are the same--they are 1940s/50s dated certificates, each with a beautiful engraving at the top of horses rearing.
    ELEVEN *11* Pennsylvania Railroad Company, GREENs -- All for one money!
    The Pennsylvania Railroad (
    reporting mark
    PRR) was an
    American
    railroad
    , founded in 1846. Commonly referred to as the "Pennsy", the PRR was headquartered in
    Philadelphia, Pennsylvania
    .
    The PRR was the largest railroad by traffic and revenue in the U.S. throughout the first two-thirds of the twentieth century and was at one time the largest publicly traded corporation in the world. At its peak, it controlled about 10,000 miles (16,000 km) of rail line. During its history, the PRR merged with or had an interest in at least 800 other rail lines and companies.
    The corporation still holds the record for the longest continuous dividend history: it paid out annual dividends to shareholders for more than 100 years in a row.
    At one point the budget for the PRR was larger than that of the U.S. government; at its peak it employed about 250,000 workers.
    In 1968, the Pennsylvania Railroad merged with its rival, the
    New York Central Railroad
    , to form the
    Penn Central Transportation Company
    . The
    Interstate Commerce Commission
    required that the ailing
    New York, New Haven and Hartford Railroad
    be added in 1969. A series of events including inflation, poor management, abnormally harsh weather and the withdrawal of a government-guaranteed 0-million operating loan forced the Penn Central to file for bankruptcy protection on June 21, 1970.
    The viable parts of the Penn Central system were transferred in 1976 to
    Conrail
    , which began earning a profit in 1981. The
    Norfolk Southern Railway
    and
    CSX Transportation
    split Conrail in approximately equal portions in 1999, with the former now owning the old Pennsy
    Main Line
    across Pennsylvania.
    The Pennsylvania Railroad's corporate symbol was the
    keystone
    , which is
    Pennsylvania
    's state symbol, with the letters PRR intertwined inside. When colored, it was bright red with a silver-grey inline and lettering.
    Additional Information:
    These are cancelled certificates with various cancellation marks and file folds.  I pictured as many of the eleven as I could.  Use these for an art project or make them into something wonderful !
    Terms and Conditions:
    FREE POSTAL SERVICE FIRST CLASS MAIL SHIPPING to the United States.
    Uninsured International, including Canada, shipments are .00.
    I have been a member of the American Philatelic Society since 1978 and have been selling on eBay for years.
    Virginia buyers must pay our Governor's 5.3% sales tax unless you email a PDF of your resale certificate within 24 hours of the end of the auction.
    Buy with trust and confidence.  I will work to make you happy.
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