Skip to main content

Beech Creek Railroad transferred to Cornelius Vanderbilt II - New York Railway Stock Certificate

Inv# AG1345   Stock
State(s): New York
Years: 1873-88
Color: Green
CVanderbiltport.gif
Cornelius Vanderbilt II was a Railroad Financier and Son of William H. Vanderbilt. President-NY & Harlem RR from 1886-1899. Stock dated 1886-87 transferred at back to Cornelius. Minor glue at left border. Superb Graphics by American Bank Note.

Cornelius "Corneil" Vanderbilt II (November 27, 1843 – September 12, 1899) was an American socialite and a member of the prominent United States Vanderbilt family. He was the favorite grandson of Commodore Cornelius Vanderbilt, who bequeathed him $5 million, and the eldest son of William Henry "Billy" Vanderbilt (who bequeathed him about $70 million) and Maria Louisa Kissam. In his turn, he succeeded them as the chairman and the president of the New York Central and related railroad lines in 1885. Read more at https://en.wikipedia.org/wiki/Cornelius_Vanderbilt_II

The Beech Creek Railroad is a defunct railroad which operated in central Pennsylvania between Jersey Shore and Mahaffey. Originally chartered in 1882, it was leased by the New York Central and Hudson River Railroad (later the New York Central Railroad) in 1890 and was directly operated by that company afterwards. Much of the line was abandoned in the second half of the 20th century, though sections at both ends are still active. The company was originally chartered as the Susquehanna and South Western Railroad on August 12, 1882. That company's charter called for a 100-mile (160 km) line from Williamsport, Pennsylvania to the southern line of Clearfield County. The proposed line was initiated with the backing of the New York Central Railroad, as part of a far-reaching strategy to ensure access to bituminous coal reserves. Read more at https://en.wikipedia.org/wiki/Beech_Creek_Railroad

Read More

Read Less

Condition: Excellent

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