Location:Cold Spring, New York,
Ships to: Worldwide,
Item:113407223308PRICE REDUCED Originally: $6.99 Paterson & Hudson River Rail Road CompanyStock Certificate In 1833, the Paterson & Hudson River Rail Road was chartered to build between Paterson, New Jersey, and Jersey City, and the Paterson & Ramapo Railroad north to the New York state line at Suffern. The two lines provided a shortcut between New York City and the New York & Erie at Suffern, even though they did not connect directly - passengers walked the mile between the two. The New York & Erie fought the situation until 1852, when it leased the two railroads, built a connecting track, and made that the main route, supplanting the original line to Piermont. The New York & Erie came upon hard times in the 1850s. Cornelius Vanderbilt, the "Commodore," and Daniel Drew both lent the road money, and in 1859 it entered receivership and was reorganized as the Erie Railway. Drew and two associates, James Fisk and Jay Gould, engaged in some machinations, with the result that in the summer of 1868 Drew, Fisk, and Vanderbilt were out and Gould was in as president of the Erie. All certificates are sold only as collectible pieces, as they are either canceled or obsolete. All pieces sold are originals - no reproductions! Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive. When a representative image is presented in one of our listings, you will receive a certificate in similar condition; however dating, denomination, certificate number and issuance details may vary. We offer flat rate shipping - whether you order 1 certificate or 100 - you pay only the published flat rate. To take advantage of our flat rate shipping offer, you must add all of the pieces you would like to your eBay cart and perform a single checkout. If you use "Buy It Now" for each individual certificate, you will be charged a shipping charge each time - this is an unfortunate limitation of the eBay system.Modified Item:No
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Paterson & Hudson River Rail Road Company Stock Certificate