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{"id":3201304199232,"title":"Illinois Central Railroad Company","handle":"illinois-central-railroad-company-1","description":"\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eNicely engraved antique bond certificate from the Illinois Central Railroad Company dating back to the 1920's. This document, which is signed by the company Vice President, was printed by the E. A. Wright Bank Note Company and measures approximately 10 1\/4\" (w) by 14 1\/4\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate features a vignette of an eagle.\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\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003e\u003c\/p\u003e\u003cdiv style=\"text-align: left;\"\u003e\u003cimg style=\"margin-top: 5px; margin-right: 15px; margin-bottom: 10px; float: left;\" alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/ILLINOISCENTRALRR_480x480.png?v=1612630587\" width=\"243\" height=\"323\"\u003e\u003c\/div\u003e\nThe \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/illinois-central-railroad\"\u003e\u003cstrong\u003eIllinois Central\u003c\/strong\u003e\u003c\/a\u003e's charter was granted in February 1851 by the state of \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/illinois\"\u003e\u003cstrong\u003eIllinois\u003c\/strong\u003e\u003c\/a\u003e which also conferred on it the right of way and land grants received the previous year from Congress 'for building a railroad from \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/chicago-illinois\"\u003e\u003cstrong\u003eChicago\u003c\/strong\u003e\u003c\/a\u003e to Mobile.' The charter provided that the company should pay the state, in lieu of taxes, seven per cent of the gross earnings of the original line, which was completed in 1856.\u003cbr\u003e\u003cbr\u003eWhat differentiated the Illinois Central from the other Chicago lines, was that it ran north-south covering the entire length of the state (much like the shape of a wishbone). In the following decades, the Illinois Central extended its network into neighboring states, aiming to carry out the ambitious plan of linking the Great Lakes to the Gulf of Mexico. Several companies were acquired or leased for the construction and operation of new lines.\u003cbr\u003e\u003cbr\u003eIn 1883, Edward H. Harriman, then a young stock broker and banker, was brought in as the director of the company. Throughout the latter part of the 19th century, together with President \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/stuyvesant-fish\"\u003e\u003cstrong\u003eStuyvesant Fish\u003c\/strong\u003e\u003c\/a\u003e, he followed a policy of further expansion, extending the mileage of the railway via new acquisitions and leases in order to increase business.\u003cbr\u003e\u003cbr\u003eDuring the first decade of the twentieth-century, the Illinois Central carried out a concerted policy of improvement in plant and equipment while acquiring new lines to bring the Illinois Central south, particularly as the south-eastern regions of the United States were experiencing a substantial industrial and agricultural growth. The line eventually became to be known as the Illinois Central Gulf Railroad.","published_at":"2018-11-27T15:57:05-05:00","created_at":"2019-03-10T13:09:28-04:00","vendor":"Ghosts of Wall Street","type":"Bond Certificates","tags":["*I*","1920s","Chicago","Date_1920s","Illinois","Illinois Central","Price_$10 - $19.99","Railroad","Region_Midwest"],"price":1500,"price_min":1500,"price_max":1500,"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":26523337588800,"title":"Default Title","option1":"Default Title","option2":null,"option3":null,"sku":"654","requires_shipping":true,"taxable":true,"featured_image":null,"available":true,"name":"Illinois Central Railroad Company","public_title":null,"options":["Default Title"],"price":1500,"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\/654.png?v=1552237874","\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/654vign.png?v=1552237881"],"featured_image":"\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/654.png?v=1552237874","options":["Title"],"media":[{"alt":"Illinois Central Railroad Company Bond Certificate","id":2980647075975,"position":1,"preview_image":{"aspect_ratio":0.715,"height":1748,"width":1250,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/654.png?v=1552237874"},"aspect_ratio":0.715,"height":1748,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/654.png?v=1552237874","width":1250},{"alt":"Illinois Central Railroad Company Bond Certificate","id":2980647108743,"position":2,"preview_image":{"aspect_ratio":1.888,"height":749,"width":1414,"src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/654vign.png?v=1552237881"},"aspect_ratio":1.888,"height":749,"media_type":"image","src":"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/products\/654vign.png?v=1552237881","width":1414}],"requires_selling_plan":false,"selling_plan_groups":[],"content":"\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eNicely engraved antique bond certificate from the Illinois Central Railroad Company dating back to the 1920's. This document, which is signed by the company Vice President, was printed by the E. A. Wright Bank Note Company and measures approximately 10 1\/4\" (w) by 14 1\/4\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate features a vignette of an eagle.\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\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003e\u003c\/p\u003e\u003cdiv style=\"text-align: left;\"\u003e\u003cimg style=\"margin-top: 5px; margin-right: 15px; margin-bottom: 10px; float: left;\" alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/ILLINOISCENTRALRR_480x480.png?v=1612630587\" width=\"243\" height=\"323\"\u003e\u003c\/div\u003e\nThe \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/illinois-central-railroad\"\u003e\u003cstrong\u003eIllinois Central\u003c\/strong\u003e\u003c\/a\u003e's charter was granted in February 1851 by the state of \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/illinois\"\u003e\u003cstrong\u003eIllinois\u003c\/strong\u003e\u003c\/a\u003e which also conferred on it the right of way and land grants received the previous year from Congress 'for building a railroad from \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/chicago-illinois\"\u003e\u003cstrong\u003eChicago\u003c\/strong\u003e\u003c\/a\u003e to Mobile.' The charter provided that the company should pay the state, in lieu of taxes, seven per cent of the gross earnings of the original line, which was completed in 1856.\u003cbr\u003e\u003cbr\u003eWhat differentiated the Illinois Central from the other Chicago lines, was that it ran north-south covering the entire length of the state (much like the shape of a wishbone). In the following decades, the Illinois Central extended its network into neighboring states, aiming to carry out the ambitious plan of linking the Great Lakes to the Gulf of Mexico. Several companies were acquired or leased for the construction and operation of new lines.\u003cbr\u003e\u003cbr\u003eIn 1883, Edward H. Harriman, then a young stock broker and banker, was brought in as the director of the company. Throughout the latter part of the 19th century, together with President \u003ca href=\"https:\/\/ghostsofwallstreet.com\/collections\/stuyvesant-fish\"\u003e\u003cstrong\u003eStuyvesant Fish\u003c\/strong\u003e\u003c\/a\u003e, he followed a policy of further expansion, extending the mileage of the railway via new acquisitions and leases in order to increase business.\u003cbr\u003e\u003cbr\u003eDuring the first decade of the twentieth-century, the Illinois Central carried out a concerted policy of improvement in plant and equipment while acquiring new lines to bring the Illinois Central south, particularly as the south-eastern regions of the United States were experiencing a substantial industrial and agricultural growth. The line eventually became to be known as the Illinois Central Gulf Railroad."}

Illinois Central Railroad Company

$15.00
Maximum quantity available reached.
Stock Number: 654
Product Details

Nicely engraved antique bond certificate from the Illinois Central Railroad Company dating back to the 1920's. This document, which is signed by the company Vice President, was printed by the E. A. Wright Bank Note Company and measures approximately 10 1/4" (w) by 14 1/4" (h).

This certificate features a vignette of an eagle.

Images

You will receive the exact certificate pictured.

    Historical Context

    The Illinois Central's charter was granted in February 1851 by the state of Illinois which also conferred on it the right of way and land grants received the previous year from Congress 'for building a railroad from Chicago to Mobile.' The charter provided that the company should pay the state, in lieu of taxes, seven per cent of the gross earnings of the original line, which was completed in 1856.

    What differentiated the Illinois Central from the other Chicago lines, was that it ran north-south covering the entire length of the state (much like the shape of a wishbone). In the following decades, the Illinois Central extended its network into neighboring states, aiming to carry out the ambitious plan of linking the Great Lakes to the Gulf of Mexico. Several companies were acquired or leased for the construction and operation of new lines.

    In 1883, Edward H. Harriman, then a young stock broker and banker, was brought in as the director of the company. Throughout the latter part of the 19th century, together with President Stuyvesant Fish, he followed a policy of further expansion, extending the mileage of the railway via new acquisitions and leases in order to increase business.

    During the first decade of the twentieth-century, the Illinois Central carried out a concerted policy of improvement in plant and equipment while acquiring new lines to bring the Illinois Central south, particularly as the south-eastern regions of the United States were experiencing a substantial industrial and agricultural growth. The line eventually became to be known as the Illinois Central Gulf Railroad.

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