Name: Chicago and Eastern Illinois Railway Company
Brand: Ghosts of Wall Street
SKU: 701
Price: 15.0 USD
Availability: OutOfStock

Chicago and Eastern Illinois Railway Company Stock Certificate

In stock
Inventory on the way

Price

Product Details

Company	Chicago and Eastern Illinois Railway Company
Certificate Type	Common/Preferred Stock
Date Issued	Unissued, circa 1940's
Canceled	Yes
Printer	American Bank Note Company
Signatures	Hand signed
Approximate Size	12" (w) by 8" (h)
Product Images	Show the exact certificate you will receive
Authentic	Yes
Additional Details	NA

Historical Context

The Chicago and Eastern Illinois Railroad was organized in 1877 as a consolidation of three others -- the Chicago, Danville and Vincennes Railroad (Chicago to Danville, November 1871), the Evansville, Terre Haute and Chicago Railroad (Danville to Terre Haute, October 1871) and the Evansville and Terre Haute (Terre Haute to Evansville, November 1854). Intended to merge or purchase railroads that had built lines between the southern suburbs of Chicago and Terre Haute, Indiana through Danville, Illinois, the C&EI constructed a new line from Chicago to a Mississippi River connection in extreme southern Illinois at Thebes.

The management of the Chicago and Eastern Illinois and the Chicago and Indiana Coal Railway ("the Coal Road" or C&IC) became intertwined and eventually a connection was built between the two railroads between Goodland, Indiana (on the C&IC) and Momence (on the C&EI). By 1894 the Eastern had merged the C&IC. The C&EI continued this vigorous growth into the next decade.

In 1902, the Frisco purchased a controlling interest in the Chicago and Eastern Illinois and continued building; first a connection between the two railroads at Pana, Illinois, next extending the line in Indiana to Evansville and a connection with the Ohio River. However, in 1913 financial problems led to the collapse of the Frisco, and the Eastern was once again on its own by 1920. The C&EI spun off a variety of their lines, including the "Coal Road" (which became the Chicago, Attica and Southern Railroad). The C&EI did not survive the Great Depression intact, entering bankruptcy in 1933, re-emerging just before World War II in 1940. The railroad continued its brisk growth once again, gaining access to St. Louis, Missouri in 1954.

The Missouri Pacific and the Louisville and Nashville began carving up the Chicago and Eastern Illinois between them starting in 1961. The line directly south of Chicago to near Danville was actually purchased by both railroads (and to this day continues to be owned and operated jointly by MoPac and L&N's successors, Union Pacific Railway and CSX Transportation respectively), but Missouri Pacific eventually merged the Eastern in 1976.

Related Collections

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?

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. For orders taking advantage of standard (First Class) shipping within the United States, we offer flat rate pricing, so you pay only the advertised shipping charge regardless of the number of pieces you purchase. Current charges may be reviewed here. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout.

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.