Name: Pennsylvania Company
Brand: Ghosts of Wall Street
SKU: 2857
Price: 6.0 USD
Availability: InStock

Only 1 available!
Inventory on the way

Product Details

Company	Pennsylvania Company
Certificate Type	Sinking Fund Debenture Bond
Date Issued	February 6, 1970
Canceled	Yes
Printer	Security-Columbian Bank Note Company
Signatures	Machine printed
Approximate Size	12" (w) by 8" (h)
Product Images	Show the exact certificate you will receive
Authentic	Yes
Additional Details	NA
Value Reference	Under $15

Historical Context

The Pennsylvania Company was incorporated April 7, 1870 in Pennsylvania as a holding company with a broad charter. It was organized June 1, with president William Thaw of the Pennsylvania Railroad. Tom Scott replaced Thaw as the president January 20, 1871. On April 1 of that year the company began operating several railroads; others were acquired later.

April 1, 1871: Pittsburgh, Fort Wayne and Chicago Railway - main line direct from Pittsburgh, Pennsylvania to Chicago, Illinois

April 1, 1871: Erie and Pittsburgh Railroad - main line from Pittsburgh north to Erie, Pennsylvania

April 1, 1871: Indianapolis and Vincennes Railroad (merged into the Vandalia Railroad, PRR-owned but not Pennsylvania Company operated, January 1, 1905)

April 1, 1871: Lawrence Railroad (merged into the YL&P June 1, 1887)

April 1, 1871: New Castle and Beaver Valley Railroad (merged into the Pittsburgh, Youngstown & Ashtabula January 1, 1906)

December 1, 1871: Cleveland and Pittsburgh Railroad - branch of PFW&C to Cleveland, Ohio

January 1, 1873: Columbus and Shelby Railroad (merged into the JM&I November 18, 1881)

January 1, 1873: Jeffersonville, Madison and Indianapolis Railroad (merged into the Pittsburgh, Cincinnati, Chicago and St. Louis Railway, PRR-owned but not Pennsylvania Company operated, October 1, 1890)

January 1, 1873: Lake Erie and Louisville Railroad (merged into the JM&I June 26, 1890)

January 1, 1873: Louisville Bridge Company (began operating itself October 1, 1890)

January 1, 1873: Shelby and Rush Railroad (merged into the JM&I April 10, 1882)

May 1, 1873: Ashtabula, Youngstown and Pittsburg Rail Road; Ashtabula and Pittsburgh Railway (merged into the AN&Y June 16, 1887)

May 1, 1873: Mansfield, Coldwater and Lake Michigan Rail Road (merged into the NWO November 28, 1877)

May 1, 1873: Toledo, Tiffin and Eastern Rail Road; Toledo and Woodville Railroad; Northwestern Ohio Railway (merged into the TWV&O May 23, 1891)

November 10, 1873: Toledo and State Line Railroad (merged into the TT&E May 1, 1878?)

September 28, 1880: Massillon and Cleveland Railroad

October 3, 1881: Meadville Railway (reorganized February 1, 1884 as the non-PRR Meadville and Linesville Railroad)

August 7, 1882: Alliance, Niles and Ashtabula Railroad (merged into the AN&Y June 16, 1887)

January 8, 1884: Ohio Valley Railway; Pittsburgh, Ohio Valley and Cincinnati Railroad

August 18, 1884: New Brighton and New Castle Rail Road (merged into the YL&P June 1, 1887)

June 1, 1887: Youngstown, Lawrence and Pittsburgh Railroad (merged into the PY&A August 1, 1887)

June 16, 1887: Ashtabula, Niles and Youngstown Railroad (merged into the PY&A August 1, 1887)

August 1, 1887: Pittsburgh, Youngstown and Ashtabula Railroad; Pittsburgh, Youngstown and Ashtabula Railway

October 15, 1887: South Chicago and Southern Railroad

October 15, 1888: State Line and Indiana City Railway (merged into the SC&S February 5, 1901)

May 23, 1891: Toledo, Walhonding Valley and Ohio Railroad (merged into the TC&OR July 1, 1911)

January 1892: Rolling Mill Railroad (merged into the TWV&O January 1, 1904)

January 8, 1892: Salineville Railroad (merged into the C&P January 1, 1899)

September 16, 1895: Calumet River Railway (merged into the SC&S February 5, 1901)

January 1, 1900: Cleveland and Marietta Railway (merged into the TC&OR July 1, 1911)

August 1, 1900: Western New York and Pennsylvania Railway (only 51.492 miles), formerly the New Castle and Franklin Railroad from New Castle, Pennsylvania to Stoneboro, Pennsylvania plus branches

July 1, 1910: Youngstown and Ravenna Railroad

July 1, 1911: Toledo, Columbus and Ohio River Railroad

July 1, 1912: Cleveland, Akron and Cincinnati Railway

The Pennsylvania Company operated the Erie Canal of Pennsylvania from September 16, 1870 to February 4, 1871.

On January 1, 1918, soon after the United States Railroad Administration took over all U.S. railroads, all Pennsylvania Company leases were transferred to the PRR. On March 1, 1920, when the lines were returned to the PRR, they were separated into four regions - the Eastern Region, Central Region, Northwestern Region and Southwestern Region.

The Pennsylvania Company however stayed around as a holding company, and was reincorporated in Delaware on December 12, 1958 and reorganized December 16. Its new purpose was to diversify into real estate and other fields, and the company lasted through the 1968 PRR merger into Penn Central Transportation.

In 1973 or 1974 several subsidiaries were created - the Pennrec Company for theme park investments (including Six Flags Great Adventure and Stars Hall of Fame), the Penn Orlando Company, and Penn Arlington, Inc. (which bought Six Flags Over Texas from the Great Southwest Corporation).

Related Collections

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. For orders taking advantage of standard (First Class) shipping within the United States, we offer flat rate pricing, so you pay only the advertised shipping charge regardless of the number of pieces you purchase. Current charges may be reviewed here. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout.

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.