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New Mexico & Southern Pacific Railroad Co. - Branch Line of the Atchison, Topeka & Santa Fe Railway Co. - New Mexico Stock Certificate

Inv# AT68a   Stock
State(s): New Mexico
Years: 1880

Stock. William B. Strong obtained a charter for the New Mexico and Southern Pacific Railroad Company after learning that the AT & SF railway's main competitor, the Southern Pacific Railroad, had introduced legislation to block the Santa Fe's entry into New Mexico. With crews working under A.A. Robinson between La Junta and Raton, the Santa Fe managed to enter New Mexico in December of 1878, thus ensuring continued competition with Southern Pacific. Ultimately, the line was sold to the Santa Fe in February of 1899.

In 1879, the New Mexico and Southern Pacific Railroad constructed a railroad through the pass, which became part of the second North American transcontinental railroad in March 1881. The NM&SP was absorbed into its parent company, the Atchison Topeka and Santa Fe Railroad in 1899, and the Santa Fe used the route for their Chicago to Los Angeles trains, including the famed El Capitan and Super Chief. Now part of the BNSF system, this remains the route of Amtrak's Southwest Chief, with one passenger train each direction daily, but little freight. It is one of the last places where semaphore signals are still in use on a major United States railroad. Read more at https://en.wikipedia.org/wiki/Glorieta_Pass

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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: $150.00