Northern Indiana Railway, Inc.
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Product Details
CompanyNorthern Indiana Railway, Inc.
Certificate Type
First and Refunding Mortgage Gold Bond
Date Issued
January 1, 1930
Canceled
Yes
Printer
Hamilton Bank Note Company
Signatures
Hand signed
Approximate Size
10 1/4" (w) by 15 1/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Reference
Historical Context
The Northern Indiana Railway (NI) was an interurban electric freight and passenger railway operating in the states of Indiana and Michigan. It served the cities of Goshen, Elkhart, Mishawaka, South Bend, La Porte, and Michigan City, Indiana, and Niles and St. Joseph, Michigan.
Initially an Indiana railway formed in 1905 and merged with its subsidiary the Southern Michigan, in 1930. It also operated the street railways in South Bend, Elkhart, Goshen, La Porte and Michigan City. The NI was fairly successful during it's early years and into the 20's, but financial difficulties ensued and the line went into receivership in 1931.
Interurban services were cut back and all interurban lines were closed by 1934. The South Bend-Mishawaka street Railway was the last to go, being replaced by buses in 1940.
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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!
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