{"id":3088010641472,"title":"Wabash Railroad Company","handle":"wabash-railroad-company-2","description":"\u003cdiv\u003e\u003c\/div\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique bond certificate from the Wabash Railroad Company dating back to the 1940's through the 1960's. This document, which is signed by the company Vice President and Assistant Secretary, was printed by the Hamilton Bank Note Company and measures approximately 10\" (w) by 15\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate features a great vignette of a pair of allegorical figures flanking the Wabash flag.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cp style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003c\/p\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003eThe Wabash Railroad after World War II consisted of an Ohio company incorporated September 2, 1937, to reorganize a bankrupt Wabash Railway; on March 15, 1941, it completed a reorganization plan for the purpose, and soon the booming World War II traffic helped the company back to solvency.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv style=\"text-align: left;\"\u003e\u003cimg style=\"margin-top: 15px; margin-right: 25px; margin-bottom: 20px; float: left;\" alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/WABASHRR3_480x480.png?v=1617361393\"\u003e\u003c\/div\u003e\n\u003cp\u003eThe oldest antecedent of the Wabash was the Northern Cross Railroad, chartered about 1837 to run from Quincy, Ohio, to the Indiana state line. This grew into the Toledo, Wabash \u0026amp; Western Railway, whose 678 miles of track its management reorganized in 1877 as the Wabash Railway Company. Two years later it merged with the St. Louis, Kansas City \u0026amp; Northern Railway that added 778 miles west of the Mississippi to the new firm, now named the Wabash, St. Louis \u0026amp; Pacific Railway. By 1889, the railroad had grown to about 3,518 miles of track, at which time it reorganized yet again, this time emerging as the Wabash Railroad Company.\u003cbr\u003e\u003cbr\u003eBankruptcy of this company about 1915 resulted in sale under foreclosure on July 21 of that year and its reorganization on October 22, 1915, as the Wabash Railway Company. It was this company that went into bankruptcy during the Depression.\u003cbr\u003e\u003cbr\u003eAfter World War II, the Wabash Railroad Company commenced, in 1949, its program of fully replacing steam with diesel-electric locomotives. At that time it owned two diesel passenger locomotives and 40 diesel switchers. The Wabash retired its last steam locomotive from service on August 11, 1955, completing conversion to diesel motive power. By December 31, 1961, the company had 322 diesel units, including 22 passenger, 141 freight, 53 road switchers, and 106 switchers, representing an investment of $47,000,000. At that time the railroad operated in Michigan, Ohio, Indiana, Illinois, Missouri, and Iowa a total of 1,995.11 miles of main line, with trackage rights over 424 more. The east-west main line extended from Buffalo, New York, westward north of Lake Erie to St. Louis and Kansas City, Missouri, with other main lines to Chicago, Toledo, Des Moines, and Omaha. By 1961 a Pennsylvania Railroad subsidiary owned a controlling 62 percent of Wabash stock.\u003cbr\u003e\u003cbr\u003eOn October 15, 1964, the Wabash Railroad merged with the New York, Chicago \u0026amp; St. Louis Railroad (the \"Nickel Plate Road\") and the Norfolk and Western Railway under the name of the latter. Stock was still issued under the famous Wabash name until the early 1980’s.\u003c\/p\u003e","published_at":"2018-11-27T15:57:05-05:00","created_at":"2019-02-27T14:56:41-05:00","vendor":"Ghosts of Wall Street","type":"Bond Certificates","tags":["1940s","1950s","1960s","Buffalo","Chicago","Date_1940s","Date_1960s","Des Moines","Illinois","Indiana","Iowa","Michigan","Missouri","Nebraska","New York","Norfolk \u0026 Western Railway","Ohio","Omaha","Price_$20 - $49.99","Railroad","Region_Midwest","Toledo","Wabash Railroad"],"price":3500,"price_min":3500,"price_max":3500,"available":true,"price_varies":false,"compare_at_price":null,"compare_at_price_min":0,"compare_at_price_max":0,"compare_at_price_varies":false,"variants":[{"id":26061036945472,"title":"Purple ($500)","option1":"Purple 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charset=\"utf-8\"\u003e\n\u003ch5\u003eProduct Details\u003c\/h5\u003e\n\u003cp\u003eBeautifully engraved antique bond certificate from the Wabash Railroad Company dating back to the 1940's through the 1960's. This document, which is signed by the company Vice President and Assistant Secretary, was printed by the Hamilton Bank Note Company and measures approximately 10\" (w) by 15\" (h).\u003cbr\u003e\u003cbr\u003eThis certificate features a great vignette of a pair of allegorical figures flanking the Wabash flag.\u003c\/p\u003e\n\u003ch5 style=\"text-align: left;\"\u003eImages\u003c\/h5\u003e\n\u003cp style=\"text-align: left;\"\u003eYou will receive the exact certificate pictured.\u003c\/p\u003e\n\u003cul\u003e\u003c\/ul\u003e\n\u003ch5\u003e\u003cspan\u003eHistorical Context\u003c\/span\u003e\u003c\/h5\u003e\n\u003cp\u003eThe Wabash Railroad after World War II consisted of an Ohio company incorporated September 2, 1937, to reorganize a bankrupt Wabash Railway; on March 15, 1941, it completed a reorganization plan for the purpose, and soon the booming World War II traffic helped the company back to solvency.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\n\u003cdiv style=\"text-align: left;\"\u003e\u003cimg style=\"margin-top: 15px; margin-right: 25px; margin-bottom: 20px; float: left;\" alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0055\/6253\/1904\/files\/WABASHRR3_480x480.png?v=1617361393\"\u003e\u003c\/div\u003e\n\u003cp\u003eThe oldest antecedent of the Wabash was the Northern Cross Railroad, chartered about 1837 to run from Quincy, Ohio, to the Indiana state line. This grew into the Toledo, Wabash \u0026amp; Western Railway, whose 678 miles of track its management reorganized in 1877 as the Wabash Railway Company. Two years later it merged with the St. Louis, Kansas City \u0026amp; Northern Railway that added 778 miles west of the Mississippi to the new firm, now named the Wabash, St. Louis \u0026amp; Pacific Railway. By 1889, the railroad had grown to about 3,518 miles of track, at which time it reorganized yet again, this time emerging as the Wabash Railroad Company.\u003cbr\u003e\u003cbr\u003eBankruptcy of this company about 1915 resulted in sale under foreclosure on July 21 of that year and its reorganization on October 22, 1915, as the Wabash Railway Company. It was this company that went into bankruptcy during the Depression.\u003cbr\u003e\u003cbr\u003eAfter World War II, the Wabash Railroad Company commenced, in 1949, its program of fully replacing steam with diesel-electric locomotives. At that time it owned two diesel passenger locomotives and 40 diesel switchers. The Wabash retired its last steam locomotive from service on August 11, 1955, completing conversion to diesel motive power. By December 31, 1961, the company had 322 diesel units, including 22 passenger, 141 freight, 53 road switchers, and 106 switchers, representing an investment of $47,000,000. At that time the railroad operated in Michigan, Ohio, Indiana, Illinois, Missouri, and Iowa a total of 1,995.11 miles of main line, with trackage rights over 424 more. The east-west main line extended from Buffalo, New York, westward north of Lake Erie to St. Louis and Kansas City, Missouri, with other main lines to Chicago, Toledo, Des Moines, and Omaha. By 1961 a Pennsylvania Railroad subsidiary owned a controlling 62 percent of Wabash stock.\u003cbr\u003e\u003cbr\u003eOn October 15, 1964, the Wabash Railroad merged with the New York, Chicago \u0026amp; St. Louis Railroad (the \"Nickel Plate Road\") and the Norfolk and Western Railway under the name of the latter. Stock was still issued under the famous Wabash name until the early 1980’s.\u003c\/p\u003e"}

Wabash Railroad Company

$35.00
Maximum quantity available reached.
Stock Number: 179pu
Product Details

Beautifully engraved antique bond certificate from the Wabash Railroad Company dating back to the 1940's through the 1960's. This document, which is signed by the company Vice President and Assistant Secretary, was printed by the Hamilton Bank Note Company and measures approximately 10" (w) by 15" (h).

This certificate features a great vignette of a pair of allegorical figures flanking the Wabash flag.

Images

You will receive the exact certificate pictured.

    Historical Context

    The Wabash Railroad after World War II consisted of an Ohio company incorporated September 2, 1937, to reorganize a bankrupt Wabash Railway; on March 15, 1941, it completed a reorganization plan for the purpose, and soon the booming World War II traffic helped the company back to solvency.

    The oldest antecedent of the Wabash was the Northern Cross Railroad, chartered about 1837 to run from Quincy, Ohio, to the Indiana state line. This grew into the Toledo, Wabash & Western Railway, whose 678 miles of track its management reorganized in 1877 as the Wabash Railway Company. Two years later it merged with the St. Louis, Kansas City & Northern Railway that added 778 miles west of the Mississippi to the new firm, now named the Wabash, St. Louis & Pacific Railway. By 1889, the railroad had grown to about 3,518 miles of track, at which time it reorganized yet again, this time emerging as the Wabash Railroad Company.

    Bankruptcy of this company about 1915 resulted in sale under foreclosure on July 21 of that year and its reorganization on October 22, 1915, as the Wabash Railway Company. It was this company that went into bankruptcy during the Depression.

    After World War II, the Wabash Railroad Company commenced, in 1949, its program of fully replacing steam with diesel-electric locomotives. At that time it owned two diesel passenger locomotives and 40 diesel switchers. The Wabash retired its last steam locomotive from service on August 11, 1955, completing conversion to diesel motive power. By December 31, 1961, the company had 322 diesel units, including 22 passenger, 141 freight, 53 road switchers, and 106 switchers, representing an investment of $47,000,000. At that time the railroad operated in Michigan, Ohio, Indiana, Illinois, Missouri, and Iowa a total of 1,995.11 miles of main line, with trackage rights over 424 more. The east-west main line extended from Buffalo, New York, westward north of Lake Erie to St. Louis and Kansas City, Missouri, with other main lines to Chicago, Toledo, Des Moines, and Omaha. By 1961 a Pennsylvania Railroad subsidiary owned a controlling 62 percent of Wabash stock.

    On October 15, 1964, the Wabash Railroad merged with the New York, Chicago & St. Louis Railroad (the "Nickel Plate Road") and the Norfolk and Western Railway under the name of the latter. Stock was still issued under the famous Wabash name until the early 1980’s.

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