{"id":1607560724544,"title":"Denver \u0026 Salt Lake Railway Tunnel Company","handle":"denver-salt-lake-railway-tunnel-company","description":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eIntricately engraved antique stock certificate from the Denver \u0026amp; Salt Lake Railway Tunnel Company dating back to the early 1900's. This document was printed by the New York Bank Note Company, and measures approximately 11 1\/8\" (w) by 8 1\/4\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate's vignette features a train exiting a tunnel. \u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cp style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003c\/p\u003e\n\u003cul style=\"text-align: left;\"\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003eDavid Moffat intended to build a 2.6 mile \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/bridges-tunnels-turnpikes\"\u003etunnel\u003c\/a\u003e\u003c\/strong\u003e under Rollins Pass (The Denver \u0026amp; Salt Lake Railway Tunnel), but it was never built. Instead, he built his railroad (the Denver Northwestern \u0026amp; Pacific) over Rollins Pass in 1904, and the company that was intended to build the tunnel never got off the ground (the plan was to have a separately incorporated company build the tunnel and lease it back to the railroad).\u003cbr\u003e\u003cbr\u003eMoffat's plan was to start construction on the tunnel a year or 2 after he built over Rollins Pass. He gambled that by going over the pass he could get to the coal fields on the western slope and start bringing in revenue that would help pay for the tunnel. Unfortunately, the cost of fighting the snow on Rollins Pass was extremely high. 30 to 40 foot snow drifts were common there in the winter. That cost, plus the fact that he ran out of money short of the coal fields, along with his inability to get eastern investors to back him, thanks to the hated E.H. Harriman, prevented him from ever building the tunnel. \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/railroad\"\u003eRailroads\u003c\/a\u003e\u003c\/strong\u003e were very competitive at the time, and Harriman, who ran the \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/union-pacific-railroad\"\u003eUnion Pacific\u003c\/a\u003e\u003c\/strong\u003e, which ran through Cheyenne to \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/salt-lake-city-utah\"\u003eSalt Lake\u003c\/a\u003e\u003c\/strong\u003e, was opposed to Moffat going from \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/denver-colorado\"\u003eDenver\u003c\/a\u003e\u003c\/strong\u003e to Salt Lake. He pulled lots of tricks, like creating dummy \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/utilities\"\u003epower companies\u003c\/a\u003e\u003c\/strong\u003e that filed for rights to build dams for hydro-electric power. These dams, of course, were in the canyons that Moffat wanted for his railroad. The battle for Gore Canyon went all the way to Teddy Roosevelt. It was one of the few battles Moffat won against Harriman. Moffat died in 1911 while on an east coast, fundraising for his railroad. The line had only been built from Denver to Steamboat Springs and the tunnel was still a dream.\u003cbr\u003e\u003cbr\u003eThe railroad went into receivership and was reincorporated as the Denver \u0026amp; Salt Lake Railroad a couple of years later. It struggled for years due to snow fighting on top of the pass. There were a few attempts to get state funding for the tunnel, which failed due to other parts of the state not wanting to help pay for it. It wasn't until a disastrous flood hit Pueblo, and some creative politicians combined funding for the tunnel with relief for Pueblo, that funding was finally approved and construction of the current 6.2 mile tunnel under Rollins Pass was began in 1923 - some 20 years after Moffat first wanted to build his tunnel.\u003c\/p\u003e","published_at":"2018-11-27T15:57:05-05:00","created_at":"2018-12-02T12:21:48-05:00","vendor":"Ghosts of Wall Street","type":"Stock Certificates","tags":["1900s","Bridges Tunnels \u0026 Turnpikes","Colorado","Date_1900s","Denver","Denver \u0026 Salt Lake Railway Tunnel","Price_$10 - $19.99","Railroad","Region_West","Salt Lake City","Utah"],"price":1900,"price_min":1900,"price_max":1900,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":15965281026112,"title":"Default Title","option1":"Default Title","option2":null,"option3":null,"sku":"922","requires_shipping":true,"taxable":true,"featured_image":null,"available":true,"name":"Denver \u0026 Salt Lake Railway Tunnel Company","public_title":null,"options":["Default Title"],"price":1900,"weight":7,"compare_at_price":null,"inventory_management":"shopify","barcode":"","requires_selling_plan":false,"selling_plan_allocations":[]}],"images":["\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922.gif?v=1546861660","\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922vign.gif?v=1546861667"],"featured_image":"\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922.gif?v=1546861660","options":["Title"],"media":[{"alt":"Denver \u0026 Salt Lake Railway Tunnel Company Stock Certificate","id":2689797324935,"position":1,"preview_image":{"aspect_ratio":1.344,"height":1153,"width":1550,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922.gif?v=1570049479"},"aspect_ratio":1.344,"height":1153,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922.gif?v=1570049479","width":1550},{"alt":"Denver \u0026 Salt Lake Railway Tunnel Company Stock Certificate","id":2689797390471,"position":2,"preview_image":{"aspect_ratio":1.84,"height":667,"width":1227,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922vign.gif?v=1570049479"},"aspect_ratio":1.84,"height":667,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/922vign.gif?v=1570049479","width":1227}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eIntricately engraved antique stock certificate from the Denver \u0026amp; Salt Lake Railway Tunnel Company dating back to the early 1900's. This document was printed by the New York Bank Note Company, and measures approximately 11 1\/8\" (w) by 8 1\/4\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate's vignette features a train exiting a tunnel. \u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cp style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003c\/p\u003e\n\u003cul style=\"text-align: left;\"\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003eDavid Moffat intended to build a 2.6 mile \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/bridges-tunnels-turnpikes\"\u003etunnel\u003c\/a\u003e\u003c\/strong\u003e under Rollins Pass (The Denver \u0026amp; Salt Lake Railway Tunnel), but it was never built. Instead, he built his railroad (the Denver Northwestern \u0026amp; Pacific) over Rollins Pass in 1904, and the company that was intended to build the tunnel never got off the ground (the plan was to have a separately incorporated company build the tunnel and lease it back to the railroad).\u003cbr\u003e\u003cbr\u003eMoffat's plan was to start construction on the tunnel a year or 2 after he built over Rollins Pass. He gambled that by going over the pass he could get to the coal fields on the western slope and start bringing in revenue that would help pay for the tunnel. Unfortunately, the cost of fighting the snow on Rollins Pass was extremely high. 30 to 40 foot snow drifts were common there in the winter. That cost, plus the fact that he ran out of money short of the coal fields, along with his inability to get eastern investors to back him, thanks to the hated E.H. Harriman, prevented him from ever building the tunnel. \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/railroad\"\u003eRailroads\u003c\/a\u003e\u003c\/strong\u003e were very competitive at the time, and Harriman, who ran the \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/union-pacific-railroad\"\u003eUnion Pacific\u003c\/a\u003e\u003c\/strong\u003e, which ran through Cheyenne to \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/salt-lake-city-utah\"\u003eSalt Lake\u003c\/a\u003e\u003c\/strong\u003e, was opposed to Moffat going from \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/denver-colorado\"\u003eDenver\u003c\/a\u003e\u003c\/strong\u003e to Salt Lake. He pulled lots of tricks, like creating dummy \u003cstrong\u003e\u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/utilities\"\u003epower companies\u003c\/a\u003e\u003c\/strong\u003e that filed for rights to build dams for hydro-electric power. These dams, of course, were in the canyons that Moffat wanted for his railroad. The battle for Gore Canyon went all the way to Teddy Roosevelt. It was one of the few battles Moffat won against Harriman. Moffat died in 1911 while on an east coast, fundraising for his railroad. The line had only been built from Denver to Steamboat Springs and the tunnel was still a dream.\u003cbr\u003e\u003cbr\u003eThe railroad went into receivership and was reincorporated as the Denver \u0026amp; Salt Lake Railroad a couple of years later. It struggled for years due to snow fighting on top of the pass. There were a few attempts to get state funding for the tunnel, which failed due to other parts of the state not wanting to help pay for it. It wasn't until a disastrous flood hit Pueblo, and some creative politicians combined funding for the tunnel with relief for Pueblo, that funding was finally approved and construction of the current 6.2 mile tunnel under Rollins Pass was began in 1923 - some 20 years after Moffat first wanted to build his tunnel.\u003c\/p\u003e"}

Denver & Salt Lake Railway Tunnel Company

$19.00
Maximum quantity available reached.
Stock Number: 922
Product Details

Intricately engraved antique stock certificate from the Denver & Salt Lake Railway Tunnel Company dating back to the early 1900's. This document was printed by the New York Bank Note Company, and measures approximately 11 1/8" (w) by 8 1/4" (h).

This certificate's vignette features a train exiting a tunnel. 

Images

You will receive the exact certificate pictured.

    Historical Context

    David Moffat intended to build a 2.6 mile tunnel under Rollins Pass (The Denver & Salt Lake Railway Tunnel), but it was never built. Instead, he built his railroad (the Denver Northwestern & Pacific) over Rollins Pass in 1904, and the company that was intended to build the tunnel never got off the ground (the plan was to have a separately incorporated company build the tunnel and lease it back to the railroad).

    Moffat's plan was to start construction on the tunnel a year or 2 after he built over Rollins Pass. He gambled that by going over the pass he could get to the coal fields on the western slope and start bringing in revenue that would help pay for the tunnel. Unfortunately, the cost of fighting the snow on Rollins Pass was extremely high. 30 to 40 foot snow drifts were common there in the winter. That cost, plus the fact that he ran out of money short of the coal fields, along with his inability to get eastern investors to back him, thanks to the hated E.H. Harriman, prevented him from ever building the tunnel. Railroads were very competitive at the time, and Harriman, who ran the Union Pacific, which ran through Cheyenne to Salt Lake, was opposed to Moffat going from Denver to Salt Lake. He pulled lots of tricks, like creating dummy power companies that filed for rights to build dams for hydro-electric power. These dams, of course, were in the canyons that Moffat wanted for his railroad. The battle for Gore Canyon went all the way to Teddy Roosevelt. It was one of the few battles Moffat won against Harriman. Moffat died in 1911 while on an east coast, fundraising for his railroad. The line had only been built from Denver to Steamboat Springs and the tunnel was still a dream.

    The railroad went into receivership and was reincorporated as the Denver & Salt Lake Railroad a couple of years later. It struggled for years due to snow fighting on top of the pass. There were a few attempts to get state funding for the tunnel, which failed due to other parts of the state not wanting to help pay for it. It wasn't until a disastrous flood hit Pueblo, and some creative politicians combined funding for the tunnel with relief for Pueblo, that funding was finally approved and construction of the current 6.2 mile tunnel under Rollins Pass was began in 1923 - some 20 years after Moffat first wanted to build his tunnel.

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