Montgomery and Erie Railway Co. of New York - 1921 dated Stock Certificate

Stock with 4 stamps on back.

The railroad of The Montgomery and Erie Railway Company, herein called the Montgomery and Erie, is a single-track line, located entirely within the State of New York and extends from Goshen to Montgomery, 10.490 miles. The Montgomery and Erie is a corporation of the State of New York, having its principal office at Montgomery, N. Y. Although the railroad of the Montgomery and Erie was placed in operation about November, 1867, the records obtained do not record the detail of its income prior to January 1, 1872. Therefore, no information can be given from its accounts regarding its corporate operation prior to January 1, 1872, except the balance carried to profit and loss account as shown hereinafter. The records reviewed do not indicate that the Mongomery and Erie is controlled by any individual or corporation, or that it controls any common-carrier corporation. The property of the Montgomery and Erie has been operated from the date of its completion to December 31, 1917, by its own organization and by various companies and their receivers under lease, as follows: Its own organization. Completion to Dec. 31, 1871. Erie Railway Company and its receivers. Jan. 1, 1872, to May 31, 1878. The New York, Lake Erie and Western Railroad Company and its receivers. June 1, 1878, to Nov. 30, 1895. The Erie. Dec. 1, 1895, to Dec. 31, 1917. The property of the Montgomery and Erie was taken over for operation by the United States Railroad Administration on January 1, 1918, as a part of the system of the Erie and it is so operated on date of valuation. The Montgomery and Erie was incorporated January 2, 1866, under the general laws of New York, for the purpose of constructing, maintaining, and operating a railroad from a point in Montgomery N. Y., to the line of the Erie Railway Company in Goshen, N. Y. Its organization was effected January 6, 1866.