Chateaugay and Lake Placid Railway Company
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Product Details
Company
Chateaugay and Lake Placid Railway Company
Certificate Type
Preferred Stock
Date Issued
October 16, 1922
Canceled
Yes
Printer
American Bank Note Company
Signatures
Hand signed
Approximate Size
11" (w) by 7" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
The Chateaugay Railroad (or Railway) was created by the Chateaugay Iron Company in 1879 to build a narrow-gauge railroad line from Lyon Mountain to Dannemora to move ore and charcoal for its iron-making operations. The line was extended to Standish in 1885, to Loon Lake in 1886 (Robert Louis Stevenson rode the Chateaugay to Loon Lake), and to Saranac Lake in 1887. The Delaware and Hudson Railroad financed the section to Saranac Lake, and then organized the dual-gauge Saranac and Lake Placid Railroad in 1890, opened in 1893; the standard-gauge section was run as a branch of the New York Central.
The D&H took control of the railroad in 1901, and in 1903, combined the Lake Placid line with the main line as the Chateaugay and Lake Placid Railway, and converted the entire line to standard gauge. The Saranac Lake to Lake Placid section was sold to the New York Central in 1946, and finally abandoned in 1972.
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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.