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Bangor and Aroostook Railroad Co. - 1960's dated Maine Railway Stock Certificate

Inv# RS1011   Stock
State(s): Maine
Years: 1960's
Color: Green and Black

Railroad Stock. Male figure of Mercury racing ship, plane, diesel locomotive, and cars. Quite scarce!!! The Bangor and Aroostook Railroad (reporting mark BAR) was a United States railroad company that brought rail service to Aroostook County in northern Maine. Brightly painted BAR box cars attracted national attention in the 1950s. First-generation diesel locomotives operated on BAR until they were museum pieces. The economic downturn of the 1980s coupled with the departure of heavy industry from northern Maine forced the railroad to seek a buyer and end operations in 2003.

The company was incorporated in 1891 to combine the lines of the former Bangor and Piscataquis Railroad and the Bangor and Katahdin Iron Works Railway. It was based in Bangor and lines extended from there to Oakfield and Houlton in 1894. The line was extended from Houlton to Fort Fairfield and Caribou in 1895. A parallel branch line was extended from Oakfield to Ashland in 1896. A branch was built from Caribou to Limestone in 1897, and the main line extended from Caribou to Van Buren in 1899. The Ashland Branch was extended to Fort Kent in 1902. A southern extension was completed in 1905 through Northern Maine Junction to Searsport on Penobscot Bay. The Medford Cutoff from Packard to South Lagrange was completed in 1907; and a branch was built from Millinocket to a new paper mill in East Millinocket. Rails were extended up the Saint John River from Van Buren through Madawaska and Fort Kent to St. Francis in 1910; and Mapleton was connected to Stockholm and Presque Isle on the main line, and to Squa Pan on the Ashland branch. An international bridge was constructed over the Saint John River between Van Buren and St. Leonard, NB in 1915 to connect with the Canadian Pacific Railway and National Transcontinental Railway (later merged into the Canadian National Railway). Read more at https://en.wikipedia.org/wiki/Bangor_and_Aroostook_Railroad

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Condition: Extremely Fine

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: $19.50