People's Passenger Railway Company of Philadelphia
People's Passenger Railway Company of Philadelphia
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Product Details
Company | People's Passenger Railway Company of Philadelphia |
Certificate Type | Capital Stock |
Date Issued | February 21, 1891 |
Canceled | Yes |
Printer | Not indicated |
Signatures | Hand signed |
Approximate Size |
12" (w) by 8 3/4" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Value Reference |
Historical Context
The People’s Passenger Railway Company of Philadelphia was founded in 1875 as a consolidation of a number of Philadelphia trolley lines by Robert Niedermark Carson, a member of the William H. Shelmerdine and Company brokerage firm.
The People’s Passenger Railway was subsequently sold in 1893 to the People's Traction Company of Philadelphia, which in turn was leased in 1896 to the Union Traction Company, which was eventually leased in 1902 to the Philadelphia Rapid Transit Company.
In 1883, Capt Shreve Ackley and his employers (George F. Work & Company) were charged with embezzlement and defrauding the People’s Passenger Railway Company. After a trial he was found not guilty, although his employers were found guilty on one of the fraud counts. In the same year he sued the New York Times for libel regarding a story they ran about the charges that appeared to indicate they were guilty.
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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.