New York and Long Island Railroad Company
New York and Long Island Railroad Company
- In stock
- Inventory on the way
Product Details
Beautifully engraved antique stock certificate from the New York and Long Island Railroad Company dating back to the early 1900's. This document, which was printed by Charles A. Searing, is signed by the company Vice President and Secretary, and measures approximately 11" (w) by 7 1/4" (h).
This certificate's fantastic vignette features a train in the mountains crossing a wooden bridge. An eagle with its wings outstretched looks down at the train.
Images
You will receive the exact certificate pictured.
Historical Context
The New York and Long Island Railroad Company was organized to build a railroad tunnel connecting the New York Central Railroad in Manhattan to the Long Island Railroad at Hunter's Point in Long Island City.
Ground-breaking for construction began in June 1892 in Long Island City. A few months later on December 28, 1892 the project came to a halt when there was a huge dynamite explosion that killed five and injured more than 20 people. After the explosion, when newspapers claimed he was president of the company, William Steinway (of the Steinway piano maker family,) a majority shareholder and leader of the enterprise, was quick to issue a correction. At the inquest the jury ruling on the tragedy was unable to determine a specific cause for the explosion.
Following years of inaction the construction company became insolvent, and Steinway reported a movement to appoint a receiver for the New York and Long Island Railroad Company. After Steinway died in November 1896 his heirs (in 1905) sold his 425 shares in the company for $92,694.
In 1905 the Interborough Rapid Transit Company resumed construction of the tunnel and completed work 26 months later. Official opening of the tunnel occurred on September 24, 1907, when the Mayor and other dignitaries attended and celebrated afterwards with dinner at the Belmont Hotel. Steinway's dream finally had been realized, and the newer constructions are often referred to as the "Steinway Tunnels."
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.
