Pekin, Lincoln and Decatur Railway Company
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Product Details
Nicely engraved antique stock certificate from the Pekin, Lincoln and Decatur Railway Company dating back to the 1870's. This document measures approximately 12" (w) by 7" (h).
The vignette features a long train crosing a bridge as it exits a rural town.
Images
You will receive the exact certificate pictured.
Historical Context
Around 1867, the Pekin, Lincoln and Decatur Railroad Company was organized. A preliminary survey was at once made, and in 1869 the line was located, and a contract made tor its construction. The officers were, President, R. B. Latham; Secretary, A. M. Miller.
The contractors were known as the Pekin, Lincoln and Decatur Construction Company, with C. R. Cummings as President, G. R. Cobleigh as Secretary and Superintendent, and R. C. Smith, Chief Engineer.
Work was commenced late in 1869, and the line from Pekin to Decatur completed by October, 1871, at which time the Toledo, Wabash and Western Railway Company commenced to operate it under a lease.
On August 1, 1871, the road was taken out of the hands of the Toledo, Wabash and Western Railway Company, on account of default in payment of interest, and the corporation name changed to Pekin, Lincoln and Decatur Railway Company
The length of the road from Pekin to Decatur was 67.9 miles. Traffic arrangements were made with the receiver of the Peoria and Springfield Railroad for hauling this company's trains between Pekin and Peoria, 9.2 miles.
On March 1, 1878, the company leased the Peoria and Springfield Railroad and equipment.
On September 1, 1879, the company terminated lease with Peoria and Springfield Railroad, and made arrangements to run into Peoria over the Peoria, Pekin and Jacksonville Railroad track.
On November 17, 1879, the line was consolidated with the Decatur, Mattoon and Southern Railroad. On February 15, 1880, the company leased the Grayville and Mattoon Railroad.
On July 2, 1880 the company bought the Grayville and Mattoon Railroad, and on August 21, 1880 the company merged with the Evansville and Peoria Railway Company.
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.
