Electro Pneumatic Transit Company
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Product Details
CompanyElectro Pneumatic Transit Company
Certificate Type
Capital Stock
Date Issued
January 18, 1901
Canceled
Yes
No
Not indicated
Signatures
Hand signed
Approximate Size
12" (w) by 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
The Electro Pneumatic Transit System was incorporated in New Jersey in 1886 and owned the Clay patents which covered a system of underground pneumatic tubes that would be used to primarily deliver the United States mail, but also telegrams and the like.
The system was tested in New York, and the rights to the patents were loaned to another entity - the Electro Pneumatic Company, a Philadelphia concern - but that company determined that the Clay method was not viable and went on to secure the Batcheller patent for their system.
Both systems were implemented on a very limited basis, but were never commercially viable.
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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.