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Chicago, Kansas & Nebraska Railway Company

$12.00

SKU: 7193
Product Details

 

Nicely engraved antique stock certificate from the Chicago, Kansas & Nebraska Railway Company dating back to the 1880's. This document was printed by Geo. W. Crane & Co., Printers and Binders, of Topeka, and measures approximately 12 3/4" (w) by 7 3/4" (h). 

Images

The images presented are representative of the piece(s) you will receive. When representative images are presented for one of our offerings, you will receive a certificate in similar condition as the one pictured; however dating, denomination, certificate number and issuance details may vary.

    Historical Context

    The Chicago, Kansas and Nebraska Railway (originally Railroad) was formed in 1885 with Marcus Low, a former attorney for the Chicago, Rock Island and Pacific Railroad, as its president. The CRI&P advanced the CK&N about twenty-five million dollars to begin construction in exchange for nearly all of the CK&N's stock. Essentially, this made the CRI&P the owner of the CK&N from the very beginning.

    The CK&N had put down about 1,388 miles of track by 1888, mostly in Kansas and Missouri, but in 1889 it failed to make its interest payment to the CRI&P. The CRI&P started foreclosure proceedings on the CK&N, eventually fully taking over by June 17, 1891.