Lot of Baltimore and Ohio Receipts mentioning Famous People - Dated between 1892 & 1893Inv# AU1585 Autograph
34 B&O receipts of stock dividends mentioning famous people such as Russell Sage, Lehman, Vassar, Whitney, etc. The Baltimore and Ohio Railroad (reporting mark BO) was the first common carrier railroad and the oldest railroad in the United States with its first section opening in 1830. Merchants from Baltimore, which had benefited to some extent from the construction of the National Road early in the century, wanted to do business with settlers crossing the Appalachian Mountains. The railroad faced competition from several existing and proposed enterprises, including the Albany-Schenectady Turnpike, built in 1797, the Erie Canal, which opened in 1825, and the Chesapeake and Ohio Canal.
The B&O initially was located entirely in Maryland with its original line extending from the port of Baltimore west to Sandy Hook, Maryland, opened in 1834. There it connected with Harper's Ferry, first by boat, then by the Wager Bridge, across the Potomac River into Virginia, and also with the navigable Shenandoah River. Because of competition with the C&O Canal for trade with coal fields in Western Maryland, the railroad could not use the C&O right-of-way west of Harpers Ferry. To continue westward through the Appalachian Mountains, the B&O built the B & O Railroad Potomac River Crossing (1837) at Harpers Ferry, Virginia (since 1863, West Virginia). The line continued through Virginia to a point just west of the junction of Patterson Creek and the North Branch Potomac River, where it crossed back into Maryland to reach Cumberland (1842), connecting with the National Road, the main route westward. It reached the Ohio River at Moundsville, Virginia (1852), Wheeling (1853), where it built a terminus, and in 1857 to Parkersburg, Virginia, below rapids which made navigation difficult during parts of the year. It proved crucial to Union success during the American Civil War, which caused considerable damage to the system. Read more at https://en.wikipedia.org/wiki/Baltimore_and_Ohio_Railroad