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Junius S. Morgan - Cincinnati, Indianapolis, St. Louis and Chicago Railway - Railroad Stock Certificate

Inv# AG1143   Stock
Junius S. Morgan - Cincinnati, Indianapolis, St. Louis and Chicago Railway - Railroad Stock Certificate
State(s): Illinois
Missouri
Ohio
Years: 1887
Junius S. Morgan (1813-1890), International Banker. Father of J. Pierpont Morgan. After business experience in Hartford and Boston, Junius became a partner (1854) in the London international banking firm of George Peabody & Co. On Peabody's retirement, 1864, Junius headed the firm under the name of J. S. Morgan & Co. until his own death. The remark "Never sell a bear on the United States" is attributed to him. 1887 Stock boldly issued to Junius S. Morgan (not signed). Stub at left border. Hole and stamp cancelled. Excellent Condition. Rare!

The Cincinnati, Indianapolis, St. Louis and Chicago Railway (CISL&C) was a railroad in the United States. The CISL&C resulted from the 1880 corporate restructuring of the bankrupt Indianapolis, Cincinnati and Lafayette Railroad (IC&L). The CISL&C operated a railroad line from Cincinnati via Indianapolis to Lafayette, being the result of an 1867 merger of the Indianapolis and Cincinnati Railroad (I&C), the Lafayette and Indianapolis Railroad (L&I), and the Cincinnati and Indiana Railroad (C&I). The three predecessor companies had been founded in 1850, 1846, and 1861, respectively.

The CISL&C controlled and operated numerous subsidiary railway companies operating smaller branch lines. These included:

In 1889, the railway merged with the Cleveland, Columbus, Cincinnati and Indianapolis Railway and the Indianapolis and St Louis Railway to form the Cleveland, Cincinnati, Chicago and St. Louis Railway, also known collectively as the Big Four. Read more at https://en.wikipedia.org/wiki/Cincinnati,_Indianapolis,_St._Louis_and_Chicago_Railway

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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: $250.00