New York, Rutland and Montreal Railway Company
Beautifully engraved antique bond certificate from the New York, Rutland and Montreal Railway Company dating back to the 1880's. This document, which is signed by the company President and Secretary, was printed by the American Bank Note Company, and measures approximately 11" (w) by 16 1/4" (h).
This certificate's intricate vignette features a passenger train steaming down the tracks.
This crisp bond also contains almost a full pages of coupons.
The New York, Rutland and Montreal Railway was chartered on December 31, 1883 for the purpose of consolidating the Lebanon Springs Railroad and the Bennington and Rutland Railroad.
The Lebanon Springs Railroad was chartered March 28, 1852, and built the road from Chatham Four Corners, New York to Bennington, Vermont - a distance of 58 miles. The line opened in 1869. On October 1, 1880, it went into the hands of a receiver, and was sold under foreclosure June 12, 1885 - purchased by a syndicate of bondholders, who transferred it to the New York, Rutland and Montreal Railway on April 1, 1886.
On February 27, 1888, the road again went into the hands of receiver, and was reorganized September 23, 1899, under the name of the Chatham and Lebanon Valley Railroad Company. The line was then consolidated with the Rutland Railroad Company in January, 1902.