Cincinnati Northern Railroad Company (Signed by Melville Ingalls)
Cincinnati Northern Railroad Company (Signed by Melville Ingalls)
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Product Details
CompanyCincinnati Northern Railroad Company
Certificate Type
Common Stock
Date Issued
February 13, 1902
Canceled
Yes
Printer
Homer Lee Bank Note Company
Signatures
Hand signed
Approximate Size
11 3/4" (w) by 7 3/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
Signed by Melville Ingalls
Reference
Historical Context
The original Cincinnati Northern Railroad Company was organized in June, 1897, to take over and operate the Ohio Division of the Cincinnati Jackson and Mackinaw Railway Company, from Franklin, Ohio to Addison Junction, Michigan, 187.53 miles, with branches from Lewisburg, Ohio, to Quarries 1.12 miles and Germantown, Ohio, to Distillery, 1.84 miles; total, 190.49 miles. On August 1, 1897, the company took possession of this property, and also acquired the line of the Jackson and Cincinnati Railroad Company, extending from Addison Junction, Michigan, to Jackson, Michigan, 17.65 miles; the, combined mileage of these two properties being 208.14 miles.
The Cincinnati Northern road entered Cincinnati on the Cleveland, Cincinnati, Chicago and St. Louis Railway over which it had trackage rights from Franklin Junction, Ohio, to Cincinnati, 38.40 miles, and at Jackson, Michigan, had trackage rights over the Lake Shore and Michigan Southern Railway 1.22 miles, making total mileage operated 247.76 miles.
The Cleveland Cincinnati Chicago and St Louis Railway Company eventually gained control of this line through ownership of a majority of the capital stock. Later, the line was operated under the New York Central umbrella.
Melville Ingalls
Melville Ingalls was born on September 6, 1842 in Harrison, Maine, where he worked on the family farm until he began teaching at the age of 16. After graduating from Harvard Law School in 1863, Ingalls began practicing law in Gray, Maine before moving to Boston, Massachusetts, where he became an expert in corporate law, specializing in transportation lines.
In 1871, he was retained as counsel to the Cincinnati and Lafayette Railroad and would eventually become its president. After multiple consolidations under his watch, the company became known as the Big Four Railroad.
During his business career, Ingalls held the following positions:
- President of the Chesapeake & Ohio Railroad until 1900
- President of the Cleveland, Cincinnati, Chicago and St. Louis until 1905, Chairman of the Board until 1910
- President of the Kentucky Central Railroad (January, 1881 - October, 1883)
- President of the Cincinnati Northern
- President of the Merchants' National Bank in Cincinnati, Ohio
- Co-founder and President of the Cincinnati Art Museum
- President of the National Civic Federation in 1905
- President of the Queen City Club in Cincinnati, OH
On July 11, 1914, Ingalls died at his summer home in Hot Springs, Virginia, from heart disease after undergoing treatment for an ulcerated tooth. He was buried in Cincinnati, Ohio.
Ingalls also organized the Joint Traffic Association, which was shut down by the United States Supreme Court and co-founded the Cincinnati Technical School. He is the grandfather of David Sinton Ingalls.
Melville financed the construction of the Ingalls Building in Cincinnati, which was the world's first reinforced concrete skyscraper in 1903. The town of Ingalls, Indiana is named in his honor.
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