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Kona and Kau Railway Co. - 1902 dated Railroad Stock Certificate - Hawaii - Very Rare State

Inv# AH1005   Stock
Kona and Kau Railway Co. - 1902 dated Railroad Stock Certificate - Hawaii - Very Rare State
State(s): Hawaii
Years: 1902

Letter and Stock with 3 - 20 cent revenue stamps at back!

The Kona and Kau Railway Company, occasionally referred to in conjunction with its successor, the West Hawaii Railway Company, was an ambitious early 20th-century infrastructure project on Hawaii’s Big Island. Established around 1906, the railway’s primary objective was to serve the burgeoning sugar industry in the region. Initially conceived to connect sugar plantations in North and South Kona with prominent seashore destinations such as Kailua, Napoopoo, or Kaawaloa, the project later expanded its reach to encompass the Kohala and Kau districts. Operating as a 3-foot narrow-gauge line, the railroad was constructed at an elevation of approximately 700 feet to accommodate the Kona Sugar Company mill in Wai’aha.

Despite its ambitious vision of a 30-mile network, the railway only achieved a total length of 11 miles during its 27-year operational period. The project faced numerous significant challenges, including a scarcity of freshwater for mill operations and the eventual bankruptcy of the Kona Sugar Company in 1903, followed by its successor, the Kona Development Company, in 1916. Consequently, commercial cultivation in Kona effectively ceased by 1926, leading to the abandonment of the tracks and infrastructure. Presently, a substantial portion of the original line has been reclaimed by the jungle, while remnants of the railbeds and mill sites serve as a historical testament to the arduous agricultural history of the Kona coast.

Condition: Excellent

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.
OUT OF STOCK