Old Colony Steamboat Company
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You will receive the exact certificate pictured
Over 125 years old
Interest bond
January 1, 1881
Issued, canceled
American Bank Note Company
Hand signed
13 1/2" (w) by 10 1/4" (h)
NA
Historical Context
The Old Colony Steamboat Company was chartered in April 1874 to operate freight and passenger steamers between Narragansett Bay and New York City. While controlled by the Old Colony Railroad, it operated independently.
When the New York, New Haven & Hartford Railroad leased the Old Colony Railroad in 1893 it gained control of the steamboat company. In 1905, the New Haven Railroad's New England Navigation Company purchased the Old Colony Steamboat Company.
The line originally grew out of the famous Fall River Line. In 1869, the Boston, Newport & New York Steamboat Company was sold to the Narragansett Steamboat Company forming the Fall River Line (under Jim Fisk.) Jay Gould became President in 1872, but Gould did not share his predecessor's fascination with steamboats and sold the Fall River Line to the Old Colony Railroad in 1874.
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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.