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New York, Chicago and St. Louis Railroad Co. - 1950's-60's dated Railway Stock Certificate

Inv# RS1136   Stock
State(s): New York
Ohio
Pennsylvania
Years: 1950's-60's
Color: Olive or Brown

Railroad Stock. Nickel Plate Road' logo with male and female figures. Columbia Bank Note Co. Important railroad. Available in Olive or Brown. Please specify color. The New York, Chicago and St. Louis Railroad (reporting mark NKP), abbreviated NYC&St.L, was a railroad that operated in the mid-central United States. Commonly referred to as the "Nickel Plate Road", the railroad served parts of the states of New York, Pennsylvania, Ohio, Indiana, Illinois, and Missouri. Its primary connections occurred in Buffalo, Chicago, Cincinnati, Cleveland, Indianapolis, St. Louis, and Toledo.

The Nickel Plate Road was constructed in 1881 along the South Shore of the Great Lakes to connect Buffalo and Chicago, in competition with the Lake Shore and Michigan Southern Railway. At the end of 1960, NKP operated 2,170 miles (3,490 km) of road on 4,009 miles (6,452 km) of track, not including the 25 miles (40 km) of Lorain & West Virginia. That year it reported 9.758 billion net ton-miles of revenue freight and 41 million passenger-miles. In 1964, the Nickel Plate Road and several other midwestern carriers were merged into the larger Norfolk and Western Railway (N&W). The goal of the N&W expansion was to form a more competitive and successful system serving 14 states and the Canadian province of Ontario on more than 7,000 miles (11,000 km) of railroad. In 1982, the profitable N&W was itself combined with the Southern Railway, another profitable carrier, to form Norfolk Southern Corporation (NS).

In the 25 years after the American Civil War, railway track mileage in the United States more than doubled, changing the face of America. Rail transportation meant that products made in the East could be shipped West for far less than previously. This allowed for economies of scale and larger, more efficient factories. The agricultural heartland of America was no longer confined to a market of a single day's wagon ride. Railroad and railroad construction became one of the largest industries. By 1881, one out of 32 people in the United States was either employed by a railroad or engaged in railroad construction. Read more at https://en.wikipedia.org/wiki/Nickel_Plate_Road

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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: $10.00