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new Philadelphia and Baltimore Central Railroad Co. - 1887 dated Railway Stock Certificate

Inv# RS5676   Stock
new Item!
State(s): Maryland
Pennsylvania
Years: 1887
Color: Pink and Black

Railroad Stock printed by American Bank Note Co., Phila. Certificate #22! Some stub glue residue.

Chartered in the mid-19th century, the Philadelphia and Baltimore Central Railroad (P&BC) played a pivotal role in the expansion of the American rail network. Established in 1853 through the merger of several smaller lines, the railroad aimed to provide a more inland route between its namesake cities, Philadelphia and Baltimore. Its primary objective was to connect the industrial hubs of Pennsylvania and Maryland, traversing the rolling terrain of Chester County and Cecil County.

Construction of the P&BC was a slow and arduous process, hindered by the financial instability of the era and the onset of the American Civil War. Despite these challenges, the railroad eventually became a crucial artery for transporting agricultural goods, dairy products, and local passengers, contributing to the economic growth of the rural communities it served.

By the late 1800s, the P&BC’s strategic importance caught the attention of larger regional players, leading to its eventual absorption into the Pennsylvania Railroad (PRR) system. In 1881, it was formally leased to the Philadelphia, Wilmington, and Baltimore Railroad, which was controlled by the PRR. This integration transformed the line into the Octoraro Branch, a secondary but significant route that eased traffic on the main corridors.

While many sections of the original right-of-way have since been abandoned or converted into recreational trails, such as the Chester Creek Trail, the legacy of the Philadelphia and Baltimore Central remains a testament to the ambitious era of local rail expansion that helped build the Mid-Atlantic’s industrial backbone.

Condition: Good

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: $125.00