Algoma Consolidated Corporation (Railroad) Limited
Algoma Consolidated Corporation (Railroad) Limited
- Only one piece available...
- Inventory on the way
Algoma Consolidated Corporation Limited
January 12, 1932 (green)
November 19, 1931 (brown, olive)
British American Banknote Company
11 3/4" (w) by 8 1/4" (h)
Show the exact certificate you will receive
This company was incorporated in 1930 as a holding company, primarily holding stock of the Algoma Central Railway.
The Algoma Central Railway - a Canadian railway entitity - was initially owned by Francis H. Clergue, who required a railway to haul resources from the interior of the Algoma District to Clergue's industries in Sault Ste. Marie; specifically, to transport logs to his pulp mill and iron ore from the Helen Mine near Wawa to a proposed steel mill (which was later named Algoma Steel). The Algoma Central Railway was chartered on August 11, 1899. The railway's Dominion and provincial charters gave it authority to build north from Sault Ste. Marie to a junction with the Canadian Pacific Railway's main line, as well as a branch line to Michipicoten Harbour, on Lake Superior near Wawa.
In 1901 Clergue acquired the charter of the Ontario, Hudson Bay and Western Railway, who were intending to build a line between the CPR main line and Hudson Bay and then changed the name of the Algoma Central Railway to the Algoma Central and Hudson Bay Railway, anticipating a connection either to Moose Factory on James Bay, or to some point on Hudson Bay.
An engine arriving at Hawk Junction.The Algoma Central fell victim to the bankruptcy of Clergue's Consolidated Lake Superior Corporation in 1903. At that time, the line reached 56 miles north of Sault Ste. Marie with a 20-mile segment running east from Michipicoten Harbour that did not yet connect with the main line. Construction was stopped, but was resumed in 1909 and the line was extended northward through to junctions with the Michipicoten Harbour branch (at Hawk Junction), the Canadian Pacific Railway (at Franz) and the Canadian Northern Railway (at Oba). In 1914 it finally reached Hearst, a town 296 miles north of Sault Ste. Marie that was a divisional point on the National Transcontinental Railway. By that point, Clergue's dream of building a railway to Hudson Bay or James Bay had long been abandoned, and the railway's northern terminus remained at Hearst, around 150 miles from James Bay. However, the phrase and Hudson Bay was not removed from the railway's name until June 30, 1965.
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.
Are the certificates offered on your site genuine or reproductions?All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.
Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.