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Columbus, Chicago and Indiana Central Railway Co. sign by M.K. Jesup

Inv# AG1591
Columbus, Chicago and Indiana Central Railway Co. sign by M.K. Jesup
State(s): Illinois
Indiana
Ohio
Years: 1869

 

Stock issued to and signed at back by M.K. Jesup. Portrait and biography included.

On February 12, 1868, the Columbus, Chicago and Indiana Central Railway was formed as a merger of the Columbus and Indiana Central Railway and Chicago and Great Eastern Railway. The rest of the new main line, from Marion northwest to Anoka, on the old main line east of Logansport, was completed March 15, 1868, making the old route via New Castle and Richmond into a branch. The CC&IC now had main lines from Columbus, Ohio to Chicago and Indianapolis, Indiana, with branches from near Logansport, Indiana southeast to Richmond, Indiana (on the Indianapolis line) and west to Effner, Indiana. The Erie Railway offered in late 1868 to lease the CC&IC, but the Pittsburgh, Cincinnati and St. Louis Railway made a better offer on January 22, 1869, leasing it on February 1.

The Columbus, Chicago and Indiana Central Railway went bankrupt and was sold at foreclosure on January 10, 1883. The Chicago, St. Louis and Pittsburgh Railroad was incorporated in Indiana on March 14 and Illinois on March 15, and the former CC&IC was conveyed to the two companies on March 17. Operation by the PC&StL continued until April 1, 1883. On April 1, 1884, the two companies merged to form one Chicago, St. Louis and Pittsburgh Railroad. That company was merged with the PC&StL, Cincinnati and Richmond Railroad and Jeffersonville, Madison and Indianapolis Railroad on September 30, 1890, to form the Pittsburgh, Cincinnati, Chicago and St. Louis Railway (PCC&StL).

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Condition: Excellent
Item ordered may not be exact piece shown. All original and authentic.
Price: $220.00