Mohawk and Malone Railway Company
Mohawk and Malone Railway Company
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Product Details
Company | Mohawk and Malone Railway Company |
Certificate Type | Registered Consolidated Gold Mortgage Bond |
Date Issued | 1940's |
Canceled | Yes |
Printer | American Bank Note Company |
Signatures | Hand signed |
Approximate Size |
13 1/4" (w) by 9 1/4" (h) |
Product Images |
Representative of the piece you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
Dr. William Seward Webb's Mohawk & Malone Railway was incorporated in 1892 as a consolidation of the Herkimer, Newport & Poland Extension Railroad, and the St. Lawrence & Adirondack Railroad. The 182-mile road ran from Herkimer to Malone, Prospect Junction to Hinkley, and Lake Clear Junction to Saranac Lake - all within the state of New York.
In 1890, the New York Central and Hudson River Railroad did not control any rail lines north of the Mohawk Valley. The Adirondacks Region in New York State had repulsed any efforts to make its great central area reasonably accessible for visitors or commercial interests.
In the western Adirondacks, the Rome, Watertown & Ogdensburg Railroad (RW&O) had a connection via the Grand Trunk Railroad to Montreal. The D&H ran through the Champlain Valley in the east, linking with small railroads reaching into the Adirondacks. To the south, a narrow gauge Herkimer, Newport & Poland Railway (HN&P) ran from Herkimer in the Mohawk Valley to Poland, just within the Adirondacks.
Enter Dr. William Seward Webb, president of the Wagner Palace Car Company, later the Pullman Company. He set about building the most ambitious enterprise of his career, the construction of a railroad through the Adirondack North Woods from Remsen in the south to Malone in the north, and by leasing & constructing trackage onto Montreal. In less than 20 months, he drove through the planning, legalities, engineering, construction and financial problems of building a railroad, consisting of nearly 200 miles of trackage through dense virgin timber and mountains.
Construction of this line, the Mohawk and Malone, known also as the Adirondack and St. Lawrence Line, was begun in 1891, with crews starting from several points. In the south, the HN&P was standard gauged and extended to Remsen, while crews were building north from Remsen. Soon, other crews were building track northwards out of Minnehaha, the first Fulton Chain or "Peg Leg" Railroad bringing in materials and supplies from Boonville. The Peg Leg was an interesting 'railroad', as the actual 'rails' were really made of timber. As a result, by July 16, 1892 trains were running from Herkimer to Fulton Chain Station (Thendara).
While up in the north, crews were building the railroad south out of Malone Junction, with another crew was building the railroad south and north from Loon Lake. Lastly, trackage was being laid from Tupper Lake Junction and by July 16, 1892, trains were running south from Malone Junction to Childwold and onto Saranac Lake. After the last spike was driven just north of Big Moose on Twitchell Creek trestle on October 12, 1892, trains commenced operating and it was possible to travel from Herkimer to Montreal by October 24, 1892.
On May 1, 1893, the New York Central Railroad took over the Mohawk and Malone, and the southern terminus became Utica.
The last Penn Central freight train ran from Remsen to Lake Placid on April 10, 1972. It was reopened briefly as the Adirondack Railway for the 1980 Winter Olympics, with service from Utica to Lake Placid.
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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
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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.
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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.
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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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