New York and Northern Railway Company
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Product Details
Company | New York and Northern Railway Company |
Certificate Type | Common Stock |
Date Issued |
Unissued, circa 1880's |
Canceled | Yes |
Printer | Franklin Bank Note Company |
Signatures | NA |
Approximate Size | 10 3/4" (w) by 6 3/4" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
New York & Northern Railway was incorporated in New York on October 11, 1887 as a reorganization of the New York City & Northern Railroad. A month later, the Yonkers Rapid Transit Railway was merged into the company.
By 1894, it was reorganized as the New York & Putnam Railroad by J. P. Morgan who in turned leased the railroad to the New York Central & Hudson River Railroad. The line eventually became the Putnam Division of the New York Central Railroad by 1913.
The line lacked a direct connection to the NYC's flagship station, Grand Central Terminal, which hurt ridership throughout its existence. Passengers were forced to transfer at Highbridge to reach GCT. The Sedgwick Avenue-Van Cortlandt section and the Yonkers Branch were electrified in 1926.
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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.