Northern Electric Railway Company
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Certificate Details

You will receive the exact certificate pictured

Over 100 years old

First and consolidated mortgage gold bond

December 2, 1907

Issued, uncanceled

Not indicated

Hand signed

9 3/4" (w) by 14" (h)

Over 60 coupons remain attached at top margin
Historical Context
The Sacramento Northern (SN) was an electrified interurban railroad in California that extended 183 miles from Oakland north to Chico. There were two branches, one to Woodland-Colusa, and the other to Oroville. The SN had been two separate interurban companies connecting at Sacramento until 1925.
The Oakland, Antioch, and Eastern Railway was a trolley-wire powered line that ran from Oakland through a tunnel in the Oakland hills to Moraga, Walnut Creek, Concord, Pittsburg, to Sacramento. It was renamed the San Francisco-Sacramento Railroad briefly.
The Northern Electric Railway was a third-rail powered line that ran from Sacramento north through Marysville-Yuba City to Chico. The train crossed the Sacramento River on the Red Gate Bridge. It was renamed the Sacramento Northern Railroad in 1914.
In 1928, the two lines combined to become the Sacramento Northern Railway and came under control of the Western Pacific Railroad which operated it as a separate entity.