1870's dated Wallkill Valley Railroad - Circa 1870's Unissued Railway Stock Certificate

Printer-Henry Seibert & Bros. Scarce! Only 84 found issued. This item is unissued. The Wallkill Valley Railroad is a defunct railroad which once operated in Ulster and Orange counties in upstate New York. Its corridor was from Kingston in the north to Montgomery in the south, with a leased extension to Campbell Hall. It crossed both the Wallkill River and Rondout Creek. The railroad was founded in 1866 and ceased regular service in 1977. Throughout its history, the Wallkill Valley Railroad was owned by a variety of companies, including the West Shore and New York Central railroads, as well as Conrail. After its closure, portions of the rail bed were purchased by municipalities along the corridor and were converted to rail trails.

The Wallkill Valley Railway was founded in 1866, and was constructed to match the Erie Railroad's six-foot gauge so that it would be easier to transport goods from one railroad to the other. It was operated by the Erie for the next ten years after its construction. It came to New Paltz in 1870, and bridged Rondout Creek and the Delaware and Hudson Canal in 1872. That year, steamboat Captain Thomas Cornell became president of the railroad, though people thought that he bought the railroad just for his own sake. He completed it to Kingston, but left his post soon thereafter. Newspaper articles suggested that it was a financial scandal, and the Wallkill Valley went bankrupt. Read more at https://en.wikipedia.org/wiki/Wallkill_Valley_Railroad

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