Lake Ontario Shore Rail Road Co. (Town of Wolcott, New York)
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Product Details
Company | Town of Wolcott, New York |
Certificate Type | Bond in Aid of the Lake Ontario Shore Rail Road Co. |
Date Issued | April 1, 1871 |
Canceled | Yes |
Printer | Charles M. Cornwell, Lithographer |
Signatures | Hand signed |
Approximate Size |
15 1/2" (w) by 11 1/2" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
The Lake Ontario Shore Railroad Company was founded in Oswego, New York on March 27, 1868.
The company was organized to build a line from Suspension Bridge, New York to Oswego. Under Chief Engineer James Ross, work commenced in August 1871 in Red Creek, New York. Tracks were open to Oswego, New York in 1873.
Despite heavy support from on-line and planned on-line communities, the LOSRR was unable to handle its great financial obligations. Reasons included a lack of manufacturing industries, bypassing Rochester, New York and close competition with the New York Central Railroad.
Construction only got as far as Kendall, New York. On September 22, 1874 the railroad was sold in court under foreclosure to the Rome, Watertown and Ogdensburg Railroad, who reorganized the railroad as the Lake Ontario Railroad Company a week later. On October 22, this company and the RW&O made an agreement to consolidate, which was filed with the New York Secretary of State on December 23, 1875.
The railroad opened between Owego and Auburn on March 8, 1870.
Wolcott, New York
Wolcott is a town in the north-eastern corner of Wayne County, New York - which borders Lake Ontario in the northwest part of the state.
The Town of Wolcott was formed 1807 from the Town of Junius in Seneca County, New York before the creation of Wayne County, but the town was not completely organized until 1810. The land on which the town was formed on was previously inhabited by Cayuga and Onondaga Native Americans, who were exiled by white European colonists.
The town was later reduced in size by the formation of new towns in the county: Butler, Huron, and Rose, all in 1826.
The discovery of iron ore in the county led to the smelting operation at Wolcott furnace north of Wolcott village from 1821 to 1869.
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