Name: Middleborough and Taunton Railroad Corporation
Brand: Ghosts of Wall Street
SKU: 7832
Price: 25.0 USD
Availability: OutOfStock

Middleborough and Taunton Railroad Corporation Stock Certificate

In stock
Inventory on the way

Product Details

Company	Middleborough and Taunton Railroad Corporation
Certificate Type	Corporate Stock
Date Issued	April 15, 1864
Canceled	Yes
Printer	Not indicated
Signatures	Hand signed
Approximate Size	8" (w) by 5 1/2" (h)
Product Images	Show the exact certificate you will receive
Authentic	Yes
Additional Details	NA

Historical Context

The Taunton and Middleborough Railroad was incorporated in 1848 to connect the Taunton Branch Railroad in Weir Village, Taunton, Massachusetts with the Fall River Railroad and newly built Cape Cod Branch Railroad in Middleborough through the town of Raynham. In 1853, the railroad changed its name to the Middleborough and Taunton Railroad.

On July 1, 1873, the railroad merged with the Taunton Branch Railroad and the New Bedford and Taunton Railroad to form the New Bedford Railroad, linking the line with the deep-water whaling port of New Bedford. The merger caught the attention of the Boston, Clinton and Fitchburg Railroad, which had leased the Mansfield and Framingham Railroad that connected its terminus in Framingham with the northern end of the Taunton Branch Railroad just six months earlier on January 1, 1873. Less than a year later, on February 2, 1874, the New Bedford Railroad was leased for fifty years to the Boston, Clinton and Fitchburg Railroad, and two months after the lease was signed, on April 8, 1874, the Legislature of Massachusetts authorized the sale of the former Middleborough and Taunton Railroad to the Old Colony Railroad.

In 1893, the Old Colony Railroad was leased to the New York, New Haven and Hartford Railroad. By the 1960s, the New York, New Haven and Hartford Railroad, like many railroads, was struggling to stay solvent in the face of increased competition from alternate modes of transportation, and so in 1961 it petitioned to be included in the newly formed Penn Central Transportation Company. On December 31, 1968 all of its properties were purchased by Penn Central. Penn Central, however, soon went bankrupt, and on April 1, 1976 it was taken over by Conrail. On August 22, 1998, the Surface Transportation Board approved the buyout of Conrail by CSX and Norfolk Southern, with the former assuming control of the former Taunton and Middleborough Railroad line and continuing operations along its tracks to this day.

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Additional Information

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