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Santa Fe, Prescott and Phoenix Railway Co. - 1890's dated Territory of Arizona Railroad Stock Certificate

Inv# RS5014   Stock
State(s): Arizona
Years: 1890's

The Santa Fe, Prescott and Phoenix Railway (SFP&P) was a common carrier railroad that later became an operating subsidiary of the Atchison, Topeka and Santa Fe Railway in Arizona. At Ash Fork, Arizona, the SFP&P connected with Santa Fe's operating subsidiary, the Atlantic & Pacific Railroad mainline, that ran from California to Chicago. The SFP&P's 195-mile (314 km) line extended the Santa Fe Railway south into Phoenix. The SFP&P extended another 100 miles (160 km) to the east from Phoenix to Florence and Winkelman via the Phoenix and Eastern Railroad (which would become a Southern Pacific Railroad subsidiary in 1907). The SFP&P also served several mines in the Prescott area through its various subsidiary railroads.

On December 28, 1911, the line was merged into Atchison, Topeka and Santa Fe Railway's non-operating subsidiary (paper railroad) of the California, Arizona and Santa Fe Railway. Today the line from Ash Fork to Phoenix is operated by the BNSF Railway. Due to its many winding curves and bridges, the route was popularly known as the Peavine. In the 1960s, the AT&SF built a new line to avoid the worst grades and curves, bypassing the city of Prescott, called the New Peavine Bypass. The SFP&P was chartered on May 27, 1891. Construction commenced on August 17, 1892, from the Atlantic & Pacific connection at Ash Fork. By April 1893 trains were operating between Ash Fork and Prescott. On March 13, 1895, the line ran all the way to Phoenix. Read more at https://en.wikipedia.org/wiki/Santa_Fe,_Prescott_and_Phoenix_Railway

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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: $135.00