Louisville Southern Railroad Company
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Product Details
Company | Louisville Southern Railroad Company |
Certificate Type | Capital Stock |
Date Issued | February 16, 1889 |
Canceled | Yes |
Printer | American Bank Note Company |
Signatures | Hand signed |
Approximate Size |
11 3/4" (w) by 7" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | Please note there is a 1 1/2" tear at the top center (just to the right of the vignette) that has been tape repaired on the verso. It can be seen right above the "S" in Southern in the first picture of the listing. |
Historical Context
This line was originally chartered on March 9, 1868 as Louisville, Harrodsburg & Virginia Railroad. The goal was to build from Louisville to Virginia; however the company never laid any track. On April 25, 1884, the name of the line was changed to the Louisville Southern Railroad.
On August 16, 1894 the property and franchise of the Louisville Southern were sold under foreclosure in Louisville. The buyer was C. H. Foster, Chairman of the Richmond Terminal Reorganization Committee. The price was $1,000,000, the minimum sum prescribed by the court, the sale being subject to the lien of the mortgages of June 22, 1887 and January 1, 1889 to the Louisville Safety Vault and Trust Co. The sale was confirmed by Judge Lurton on the 17th and the LS became part of the new Southern Railway in Kentucky.
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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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