Rare Antique Columbus Indianapolis Central Bee Line Railroad Stock Certificate 1865
- Regular price
- 19.99 USD
- Regular price
- Sale price
- 19.99 USD
- Unit price
10 1/4" x 6" ~ close cut borders 3 sides. The last one I have left has some slight age discoloration near the vignette.
On October 17, 1864, the Columbus and Indianapolis Railroad Company and the Indiana Central Railway Company consolidated forming the Columbus and Indianapolis Central Railway Company. This line later became part of the Iconic Pennsylvania Railroad.
It is a neat history of how this happened as the Hoosier Partisans battled the Cleveland Clique who wanted to combine Bellefontaine and Indiana Railroad with the Columbus and Indianapolis Railroad. This war lasted for several years until 1860 when, John Brady, the receiver for the Columbus, Piqua and Indiana Railroad insisted that the IP&C honor its 1852 through-line agreement with them about sending traffic west. This was the answer the Hoosier Partisans needed to stave off the consolidation. Well at least temporarily until a few short years later after the Civil War showed the inefficiencies of sending stuff across the country in disjointed short line railroads. and the Bee Line was finally completed in 1863. A very neat history here and the previous blog post also is informative about how the civil war started. https://blog.history.in.gov/tag/cleveland-columbus-and-cincinnati-railroad/
This is a hard-to-find stock definitely take advantage of my prices while I have these available.
Imagine hanging this antique historic collectible on your wall as home decor in any room! Stock certificates are another thing that is limited in supply and once they are gone all into museums and collections they will be hard to get. They are such historic documents with so much history behind them. The first stock certificate was issued in 1606 by the Dutch East India Company. 407 years of history later the Walt Disney Company issued one of the last paper stock certificates from a major corporation in 2013.
My pictures seriously don't do it justice. These had to be done on heavy paper stock, almost like a dollar bill but stiffer and more durable, which makes them stay vibrant and new looking for a long time. The other very unique thing about stock certificates is they have all kinds of interesting signatures and you honestly never know whom you will find. Almost all stocks are signed by the company President and Secretary. Some collectors research the other signatures and historic significance and it adds so much provenance and value to an already valuable item. I have never done this as I can barely read my own signature let alone one from over 100 years ago and the time it would take to do 1000's of certificates my mother and I decided years ago not to bother.
This item has reached full antique status.