Name: Wichita Falls and Northwestern Railway Company
Brand: Ghosts of Wall Street
SKU: 3281
Price: 55.0 USD
Availability: InStock

Wichita Falls and Northwestern Railway Company Bond Certificate

Only 1 available!
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Product Details

Company	Wichita Falls and Northwestern Railway Company
Certificate Type	First Mortgage Gold Bond
Date Issued	July 1, 1907
Canceled	Yes
Printer	Franklin-Lee Bank Note Company
Signatures	Hand signed
Notable	NA
Approximate Measurements	10 1/4" (w) by 15" (h)
Product Images	Show the exact certificate you will receive
Guaranteed Authentic	Yes

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Historical Context

The Wichita Falls and Northwestern Railway Company was chartered with the intent of linking Wichita Falls with Englewood in Clark County in south central Kansas along the Oklahoma border. In 1906, the Wichita Falls and Northwestern Railway Company of Texas was chartered to build the 17-mile stretch of track from Wichita Falls, located along the Wichita River, north to the Red River, the boundary between Texas and Oklahoma. About the same time, the Wichita Falls and Northwestern Railway Company was chartered in the still Oklahoma Territory. This portion of the track never reached Kansas but instead several Oklahoma communities, Frederick in Tillman County and Altus in Jackson County, both in the southwestern portion of the state, to Elk City in Beckham County in western Oklahoma, and Forgan in Beaver County in the Oklahoma Panhandle. There was also a branch from Altus to Wellington in Collingsworth County, Texas.

Both the WF&NW and the WF&NW of Texas, technically separate companies, were based in Wichita Falls. The capital for the WF&NW of Texas was $20,000; its first board of directors included William C. Fordyce, L. S. Mitchell, and Jay H. Smith, all of St. Louis, Missouri, and Robert E. Huff, Wiley Blair, and Kemp and Kell, all from Wichita Falls. Service to Wellington began in 1910. Two years later the route reached Forgan. The entire route extended just under 360 miles and as expected by its founders facilitated business in the general service area. As commerce grew, the Wichita Falls and Northwestern was sought by the much larger Missouri-Kansas-Texas Railroad, known as the Katy. In 1911, the Katy acquired the capital stock and constituent lines of both the WF&NW and the WF&NW of Texas.

In 1914, the WF&NW of Texas and the Wichita Falls and Wellington Railway Company of Texas were leased to the Missouri, Kansas and Texas Railway Company of Texas. However, the WF&NW continued to be operated as a separate entity until 1923, when it was acquired by the Katy. The separate WF&NW of Texas was merged in 1968. The Wichita Falls route serviced the petroleum boom that began in 1918 in Burkburnett in northern Wichita County, Texas. In 1958, the Wellington link was abandoned because of the decline in the Katy's financial condition, a situation caused mainly by changes in transportation, with the rising popularity of automobiles as well as the use of busses as a substitute for train travel and the use of trucks for hauling freight for long distances. Part of the Wellington line to the east survived for a time thereafter as an independent short-line known as the Hollis and Eastern Railroad.

In 1973, all track between Forgan and Altus was abandoned. The seventy-seven remaining miles from Wichita Falls to Altus was operated by the Katy and its successor until January 14, 1991, when the Wichita, Tillman and Jackson Railway, named for the three counties through which it passes, absorbed the remaining line.

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.