South Chicago & Southern Railroad Company
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Product Details
Nicely engraved antique stock certificate from the South Chicago & Southern Railroad Company dating back to the 1950's. This document, which has been signed by the company President and Assistant Secretary, measures approximately 10" (w) by 7" (h).
The vignette features the Illinois State Seal flanked by a maritime scene on the left and a farming scene on the right.
Images
You will receive the exact certificate pictured.
Historical Context
The South Chicago & Southern was incorporated on June 5, 1901, under the general laws of Illinois, and represents a consolidation of the properties of the South Chicago and Southern Railroad Company (1881), the State Line and Indiana City Railway Company and The Calumet River Railway Company. The South Chicago and Southern (1881) entered into an agreement of consolidation with the Calumet River Railway on February 5, 1901, and on the same date entered into an agreement of merger and consolidation with the State Line and Indiana City. The latter agreement was filed on June 5, 1901, with the secretary of state of the State of Indiana, who issued on the same date a certificate of merger and consolidation, forming the South Chicago & Southern. To complete the South Chicago & Southern's chain of title, the Calumet River Railway and the State Line and Indiana City also conveyed their property, rights and franchises to the South Chicago and Southern by separate deeds of March 1, 1904. The accounts of the three predecessors were continued to June 30, 1901, and the accounts of the South Chicago & Southern were opened on July 1, 1901. For this reason the latter date has been considered, for accounting purposes, the date of consolidation. The organization of the South Chicago and Southern (1881) was continued by the South Chicago & Southern. The three constituent companies had been incorporated under the general laws of their respective States, the South Chicago and Southern (1881) in Illinois on September 13, 1881, the Calumet River Railway in Illinois on March 5, 1883, and the State Line and Indiana City in Indiana on July 25, 1887.
The line, which was controlled by the Pennsylvania Railroad, was a single-track railroad extending from South Chicago, Illinois, to Pine, Indiana, 12.629 miles, from Colehour, Illinois, to Bernice, Illinois, 9.288 miles, and from Hammond Junction, Indiana, to the Indiana-Illinois line, 0.920 miles, or 22.837 miles in all.
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.
