New York Central Railroad original stock certificate Vanderbilt collectible

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Seller: stocks_and_bonds_r_us (1,129) 100%, Location: Tolland, Connecticut, Ships to: Worldwide, Item: 153321930665 Authentic cancelled stock certificate of The New York Central Railroad Company dated in the 1950's and 1960's. The certificate has a portrait of Cornelius Vanderbilt as its vignette. The New York Central Railroad (reporting mark NYC) was a railroad operating in the Northeastern United States. Headquartered in New York City, the railroad served most of the Northeast, including extensive trackage in the states of New York, Pennsylvania, Ohio, Michigan, Indiana, Illinois, Massachusetts and West Virginia plus additional trackage in the Canadian provinces of Ontario and Quebec. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the midwest along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, and Detroit. The NYC's Grand Central Terminal in New York City is one of its best known extant landmarks. In 1968 the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central (the New York, New Haven and Hartford Railroad joined in 1969). That company went bankrupt in 1970 and was taken over by the federal government and merged into Conrail in 1976. Conrail was broken up in 1998, and portions of its system was transferred to the newly formed New York Central Lines LLC, a subsidiary leased to and eventually absorbed by CSX and Norfolk Southern. Those companies' lines included the original New York Central main line, but outside that area it included lines that were never part of the New York Central system. CSX was able to take one of the most important main lines in the nation, which runs from New York City and Boston to Cleveland, Ohio, as part of the Water Level Route, while Norfolk Southern gained the Cleveland, Ohio to Chicago, Illinois portion of the line called the Chicago line. The certificate offered is in fair condition for its age, is punch cancelled and had fold marks from mailing. Not that the picture is a sample and that each certificate will be different with respect to the serial number, owner, shares and date of issuance. This certificate would make a fine addition to your collection, as a framed print or a great gift. Stock certificates are becoming a hot collectible due to the advent of electronic trading which has virtually eliminated the issuance of certificates. Since The New York Railroad is no longer in existence and the importance of Cornelius Vanderbilt, these certificates will become increasingly harder to find. Please review my feedback and bid with confidence. Condition: Fair condition, Provenance: Ownership History Available, Material: Paper

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