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Collis P. Huntington signed Chesapeake, Ohio & Southwestern Railroad - Autograph Unissued Stock Certificate

Inv# AG1081   Stock
State(s): Ohio
Years: 1890

Collis Potter Huntington (October 22, 1821 – August 13, 1900) was an American industrialist and railway magnate. He was one of the Big Four of western railroading (along with Leland Stanford, Mark Hopkins, and Charles Crocker) who invested in Theodore Judah's idea to build the Central Pacific Railroad as part of the first U.S. transcontinental railroad. Huntington helped lead and develop other major interstate lines, such as the Southern Pacific Railroad and the Chesapeake & Ohio Railway (C&O), which he was recruited to help complete. The C&O, completed in 1873, fulfilled a long-held dream of Virginians of a rail link from the James River at Richmond to the Ohio River Valley. The new railroad facilities adjacent to the river there resulted in expansion of the former small town of Guyandotte, West Virginia into part of a new city which was named Huntington in his honor.

Turning attention to the eastern end of the line at Richmond, Huntington directed the C&O's Peninsula Extension in 1881–82, which opened a pathway for West Virginia bituminous coal to reach new coal piers on the harbor of Hampton Roads for export shipping. He also is credited with the development of Newport News Shipbuilding and Drydock Company, as well as the incorporation of Newport News, Virginia as a new independent city. After his death, both his nephew Henry E. Huntington and his stepson Archer M. Huntington continued his work at Newport News. All three are considered founding fathers in the community, with local features named in honor of each. Read more at https://en.wikipedia.org/wiki/Collis_Potter_Huntington

The Chesapeake, Ohio and Southwestern Railroad was a 19th-century railway company in Kentucky in the United States. It operated from 1882, when it purchased the Paducah and Elizabethtown Railroad and the Memphis, Paducah and Northern Railroad, until 1896, when it was purchased by the Chicago, St. Louis and New Orleans Railroad. It later made up part of the Illinois Central network and its former rights-of-way currently form parts of the class-II Paducah and Louisville Railway. It connected with the Owensboro and Nashville Railway (subsequently part of the L&N network) at Central City in Muhlenberg County. Read more at https://en.wikipedia.org/wiki/Chesapeake,_Ohio_and_Southwestern_Railroad

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A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $220.00