-40%
Will Delaney Lot of 2 Pennsylvania Railroad 1954-7 NewYork Central RR DS Mathers
$ 1.31
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Description
PLEASE, ONLY BIDDERS WITH A US-BASED MAILING ADDRESS.Terms
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4) Wins from the same day will be combined for combined s/h savings, but not for auctions over more than one week. Thanks!
5) I combine postage, so multiple items will be sent together for the higher of the shipping prices quoted. (For example, if you win a banknote with a .50 stated s/h rate and a heavier coin set with a .50 quoted s/h rate, they will be sent together and your total s/h would be .50.
6) I will combine the first 5 wins at the highest quoted price. After 5 wins I will charge an extra 25 cents per item sent at the same time, in addition to the base s/h.
7) Books will likely be sent media rate and may have to be sent separately from non-book items. Ask if you have questions on shipping.
Historic lot of 2 different transportation stock certificates.
12 shares of
The Pennsylvania Railroad owned by William and Helen Delaney
from 1954.
100 shares of the New York Central Railroad Company owned by DS Mathers & Co., from 1957.
Company:
The Pennsylvania Railroad (reporting mark PRR, legal name The Pennsylvania Railroad Company, also known as the "Pennsy") was an American Class I railroad that was established in 1846 and was headquartered in Philadelphia, Pennsylvania. It was so named because it was established in the Commonwealth of Pennsylvania.
By 1882, the Pennsylvania Railroad had become the largest railroad (by traffic and revenue), the largest transportation enterprise, and the largest corporation in the world. Its budget was second only to the U.S. government. The corporation still holds the record for the longest continuous dividend history: it paid out annual dividends to shareholders for more than 100 consecutive years.
Over the years, it acquired, merged with or owned part of at least 800 other rail lines and companies. At the end of 1926, it operated 11,640.66 miles (18,733.83 kilometers) of rail line; in the 1920s, it carried nearly three times the traffic as other railroads of comparable length, such as the Union Pacific and Atchison, Topeka & Santa Fe railroads. Its only formidable rival was the New York Central (NYC), which carried around three-quarters of the Pennsy's ton-miles.
In 1968, the Pennsylvania Railroad merged with its rival New York Central Railroad and the railroad eventually went by the name of Penn Central Transportation Company, or "Penn Central" for short. The former competitors’ networks integrated poorly with each other, and the railroad filed for bankruptcy within two years.
Company: The New York Central Railroad (reporting mark NYC) was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest, along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, and Syracuse. New York Central was headquartered in New York City's New York Central Building, adjacent to its largest station, Grand Central Terminal.
The railroad was established in 1853, consolidating several existing railroad companies. In 1968, the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central. Penn Central went bankrupt in 1970 and merged into Conrail in 1976. Conrail was broken up in 1999, and portions of its system were transferred to CSX and Norfolk Southern Railway, with CSX acquiring most of the old New York Central trackage.
Most all checks bonds and stock certificates have been cancelled, so will have staple holes, cancellation holes, ink stamps or other types of cancellations and
notations. Often they have been folded.
Scan is of exact items for auction. Don't miss out!
I have a number of other beautiful postal items, financial documents, banknotes and stock and bond certificates, as well as other historic items currently listed on eBay, so please see my other auctions.