Peekskill Lighting and Railroad Company
Peekskill Lighting and Railroad Company
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Product Details
Beautifully engraved antique specimen bond certificate from the Peekskill Lighting and Railroad Company dating back to the early 1900's. This document was printed by the American Bank Note Company and measures approximately 9 1/4" (w) by 13 3/4" (h).
The certificate features two vignettes. At the top, a pair of female allegorical figures flanking a trolley car. At the bottom, there is an industrial scene with gas storage tanks.
Two pages of coupons remain attached at the top margin.
Images
You will receive the exact certificate pictured.
Historical Context
The Peekskill Lighting and Railroad Company was a streetcar transit line operating in northern Westchester County and southern Putnam County, New York. The earliest segment was constructed by the Peekskill Traction Company in 1899, running 5.5 miles from the New York Central Railroad train station at Peekskill to Lake Mohegan.
The company was unable to meet payments for construction of the line, so the contractor operated the railroad until it was sold to the Peekskill Lighting and Railroad Company in 1900 - which was incorporated as a consolidation of the Peekskill Gas Light Company, Peekskill Electric Light and Power Company, and the Peekskill Traction Company.
The associated Westchester and Putnam Traction Company built extensions beyond Lake Mohegan, though the two companies were operated as one. In 1902, an extension was constructed through Buchannan to Verplanck. Another extension was opened in 1907 to Cortlandville, and Varian's Mills (later Williams Corners) in 1908. The final extension to Oregon (Putnam Valley) opened in 1909.
The President of the company was F.A. Stratton, who was also president of the Hudson River and Eastern Traction company, operators of the Ossining Electric Railway.
The first cutbacks in service came in 1924. The trolley system operated at a deficit for months, first reducing service to Oregon and Putnam Valley to Saturday only in 1925, and ending service on the Oregon line on August 29, 1925. The remaining track around Peekskill was closed and trolley service ended on June 30, 1926.
The Peekskill Lighting and Railroad Company then created Peekskill Motor Bus Company as a new subsidiary to acquire and operate the transportation franchise in place of trolleys in 1926. Four routes were operated, using the Peekskill train station as a hub. At the time of its abandonment, the trolley lines of Peekskill Lighting and Railroad Company were the last of the Consolidated Gas Company affiliated utilities to offer common-carrier rail transportation.
The bus routes were taken over by Westchester County Department of Transportation and operated as part of the Bee-Line Bus System in 1978.
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
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.