Chicago, Milwaukee and Gary Railway Company
Chicago, Milwaukee and Gary Railway Company
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Product Details
CompanyChicago, Milwaukee and Gary Railway Company
Certificate Type
Capital Stock
Date Issued
October 11, 1916
Canceled
Yes
Printer
Western Bank Note Company
Signatures
Hand signed
Approximate Size
12" (w) by 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Reference
Historical Context
The Illinois, Iowa & Minnesota Railway was created in 1904 and built a line north from a connection with the Milwaukee Road at Delmar that ended at East Joliet. In 1905, a second line was built from Aurora to Rockford. The construction of this line sparked a protest among residents in Rockford because of increased railroad tariffs imposed to support it; at the time, there was already more than one railroad operating between Rockford and Chicago, and the residents felt yet another railroad line was unnecessary.
The two lines of the II&M were separated between East Joliet and Aurora, so trackage rights were sought between these two points on the EJ&E, thus giving the II&M a whole route that ran in a generally northwest-southeast direction. In 1908, the II&M was renamed the Chicago, Milwaukee & Gary Railway (which is a misnomer, since the railroad never actually visited any of its namesake towns). The CM&G was leased to the Milwaukee Road in 1922, who purchased the entire railroad outright in May of 1930, and subsequently abandoned the northern-most section of track between Rockford and Kirkland. While under Milwaukee Road, the line was primarily used to transfer coal from the mines of central & southern Indiana to the Milwaukee Road mainline for powering steam locomotives, etc.
The line between Dekalb and Aurora was abandoned by the Milwaukee Road in 1947, effectively splitting the former CM&G line in two. The southern section was still accessible through extended trackage rights on the EJ&E, but was abandoned entirely on July 17, 1978; by this time, it was used seldom and for local way freight only, with light interchange with the EJ&E. The final existing segment of the former CM&G, between Kirkland and Dekalb, was abandoned on April 15, 1980, essentially removing the last physical manifestation of the Gary Line.
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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.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
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Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
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We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
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Returns
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You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.