Minneapolis, Superior, St. Paul & Winnipeg Railway Company
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Product Details
Company | Minneapolis, Superior, St. Paul & Winnipeg Railway Company |
Certificate Type | First Mortgage Gold Bond |
Date Issued | May 22. 1902 |
Canceled | No |
Printer | Not indicated |
Signatures | Hand signed |
Approximate Size |
9 3/4" (w) by 16" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
In 1902, this planned and surveyed railroad was intended to construct a rail line from Minneapolis and St. Paul north through Anoka, Minnesota; Aitkin, Minnesota; and Grand Rapids, Minnesota; to the Minnesota-Canadian border, with a branch from Anoka, Minnesota, through Rush City, Minnesota; to Superior, Wisconsin.
The railroad was intended to provide access to the Twin Cities for the Canadian Northern Railroad, connecting at Baudette, Lake of the Woods County, Minnesota, on Rainy Lake, Minnesota, to provide competition with James J. Hill and his railroads, and to develop the tourist potential of Mille Lacs Lake, Minnesota.
The entire route of the proposed rail line was surveyed in 1902. The railroad filed a trust deed to the Standard Trust Company of New York covering $10,000,000 in construction bonds for the two branches of the railroad. A bridge for the railroad over the Mississippi River between Champlin, Minnesota, and Anoka, Minnesota, was approved in legislation (S. 6079) signed by President Theodore Roosevelt and reported by the Chief of Engineers of the U. S. Army in 1902.
The railroad issued stock and bonds in 1902. This piece is from that issue.
There is no evidence that the line was ever completed.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.