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Pittsburgh, Cincinnati, Chicago and St. Louis Railroad - 1944 dated $1,000 Railway Mortgage Bond

Inv# RB5142   Bond
State(s): Illinois
Indiana
Ohio
Pennsylvania
West Virginia
Years: 1944

$1,000 Railroad Bond printed by American Bank Note Co. Great train vignette with workers on the track. Partial row of coupons attached. Available in Green, Brown, Rust, Purple or Blue. Please specify color.

The Pittsburgh, Cincinnati, Chicago and St. Louis Railroad, commonly called the Pan Handle Route (Panhandle Route in later days), was a railroad that was part of the Pennsylvania Railroad system. Its common name came from its main line, which began at Pittsburgh, Pennsylvania, crossed the Northern Panhandle of West Virginia, and continued west to Bradford, Ohio, where it split into a northern line to Chicago and a southern one through Indianapolis, Indiana, to East St. Louis, Illinois.

The Steubenville and Indiana Railroad was chartered February 24, 1848, in Ohio to build west from the Ohio River at Steubenville to the Indiana state line between Willshire and Fort Recovery, via Mt. Vernon. On March 12, 1849, it was authorized to build a bridge at Steubenville and a branch to Columbus. The first section opened December 22, 1853, from Steubenville west to Unionport. On February 2, 1854, an extension from Unionport west to Cadiz Junction opened; the branch to Cadiz opened June 12. Further extensions west from Cadiz Junction opened June 22 to Masterville, July 12 to Bowerston, and April 11, 1855, the rest of the way to Newark. However, it did not yet connect to any other railroads in Newark. Read more at https://en.wikipedia.org/wiki/Pittsburgh,_Cincinnati,_Chicago_and_St._Louis_Railroad

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Condition: Excellent

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $34.00