Columbus London and Springfield Railway Company
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Product Details
CompanyColumbus London and Springfield Railway Company
Certificate Type
6% Note
Date Issued
Early 1900's
Canceled
No
Printer
American Bank Note Company
Signatures
Hand signed
Approximate Size
10 3/4" (w) by 7 1/2" (h)
Images
Representative of the piece you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Reference
Historical Context
The Columbus London and Springfield Railway Company was incorporated on January 26, 1900 in Ohio to construct a streetcar line from Columbus to Springfield via London.
On May 16, 1907, the Ohio Electric Railway was formed by Randal Morgan, W. Kesley Schoepf, and Hugh J. McGowan. Beginning in September 1907 and continuing into 1908 the new company acquired or leased fourteen other companies which would eventually comprise its system:
- Cincinnati, Dayton and Toledo Traction
- Columbus and Lake Michigan Railroad
- Columbus, Buckeye Lake and Newark Traction
- Columbus, Grove City and South Western Railway
- Columbus, London and Springfield Railway
- Dayton and Muncie Traction
- Dayton and Western Traction
- Dayton, Springfield and Urbana Electric Railway
- Fort Wayne, Van Wert and Lima Traction
- Indiana Columbus and Eastern Traction
- Lima and Toledo Traction
- Lima Electric Railway and Light
- Springfield and Western Railway
- Urbana, Bellefontaine and Northern Railway
The Ohio Electric proved to be financially unsound. It paid no dividends during its corporate existence and lost $1.5 million as a result of the Great Dayton Flood in 1913. In 1918 it spun off its Cincinnati–Dayton line to the Cincinnati and Dayton Traction company. This trend continued in 1920 when it spun off the Dayton and Western Traction in its entirety. The end came in 1921: the company went bankrupt and dissolved. Most of the constituent companies went bankrupt as well, but continued operating. Several companies would later come together to form the Cincinnati and Lake Erie Railroad in 1930.
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Additional Information
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