Name: Beech Creek Railroad Company
Brand: Ghosts of Wall Street
SKU: 40
Price: 12.0 USD
Availability: InStock

Beech Creek Railroad Company Stock Certificate

Only 1 available!
Inventory on the way

Product Details

Company	Beech Creek Railroad Company
Certificate Type	Capital Stock
Date Issued	May 2, 1937
Canceled	Yes
Printer	American Bank Note Company
Signatures	Hand signed
Approximate Size	11" (w) by 7" (h)
Product Images	Show the exact certificate you will receive
Authentic	Yes
Additional Details	NA

Historical Context

The Beech Creek Railroad Company was organized in 1886 as successor to the Beech Creek, Clearfield and Southwestern RR, which was sold under foreclosure in 1886.

Originally called the Susquehanna & South Western Railroad, the Beech Creek District consisted of the trackage from Jersey Shore Junction southward and westward. The balance of the trackage, from Newberry Junction (near Williamsport) to Jersey Shore Junction and northward into New York State was the Fall Brook District. Coal from the Clearfield District moved to Newberry where it was interchanged with the Reading Railroad for forwarding to tidewater, or continued northward into New York for other coal users in the East. The output of the Clearfield Bituminous Coal Corporation mines was used for company supply coal by the New York Central's Lines East (of Buffalo).

The Beech Creek was leased by the New York Central & Hudson River Railroad Company on December 15, 1890, retroactive to October 1, 1890, for 999 years. For almost another ten years the Beech Creek continued to operate independently of the NYC&HR. On July 1, 1899 the Beech Creek's independent operation ended, and it became part of the NYC&HR's Beech Creek District of the Pennsylvania Division. The New York Central, successor to the New York Central & Hudson River Railroad, continued to lease the Beech Creek for decades to come. Not until May, 1948 did the NYC move to acquire control of the Beech Creek through stock ownership. Despite the NYC's control of as much as 79 per cent of the Beech Creek's stock, the lease relationship continued.

The New York Central merged with its archrival, the Pennsylvania Railroad Company, in 1968 to form the Penn Central. Just two years later the PC declared bankruptcy paving the way for the arrival of Consolidated Rail Corporation (Conrail) in 1976.

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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.

FAQ

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?

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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.