Beautifully engraved antique stock certificate from the Beech Creek Railroad Company dating back to the 1930's. This document, which carries the printed signatures of the company President and Secretary, was printed by the American Bank Note Company, and measures approximately 11" (w) by 7" (h).
The certificate features a pair of vignettes - a train rounding a bend at the top and the Pennsylvania State Seal at the bottom. The certificate also contains the corporate seal of the New York Central Railroad, which controlled the line.
You will receive the exact certificate pictured.
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 NYC'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.