Buffalo and Susquehanna Railroad stock certificate c1902 (Pennsylvania)

PA coal railroad! Nice vignette of a steam train passing a river scene in the distant background. Unissued and cancelled. Circa 1902 from corporate records. Measures approximately 12 x 8.5 inches.   

The Buffalo and Susquehanna Railroad Company was formed in 1893 because of the merger of the Sinnemahoning Valley Railroad, the Susquehanna Railroad, the Cherry Springs Railroad, the Cross Fork Railroad, and the Buffalo and Susquehanna Railroads. 

During the years 1900-1907, the railroad doubled in size as the its main business shifted from hauling lumber to hauling coal and coke. In 1901, the Buffalo and Susquehanna Coal and Coke Company was organized to mine coal and coke in Pennsylvania. To get the coal and coke north to Buffalo, the Buffalo and Susquehanna Railway Company was incorporated in 1902. In July 1907, the new Buffalo and Susquehanna Railway Company leased the Buffalo and Susquehanna Railroad line for 999 years.

Although, coal was the foundation of the railroad, the Buffalo and Susquehanna Railway also began to carry a considerable volume of passenger traffic, advertising its Grand Scenic Route as a popular Sunday excursion.

The company faced financial difficulties and was reorganized several times, eventually becoming part of the Baltimore and Ohio Railroad in 1932.

In 1954, the Buffalo and Susquehanna Railroad and its remaining subsidiaries were formally merged into the Baltimore and Ohio system. Then in 1956, the Baltimore and Ohio sold the remaining 97 miles of former Buffalo and Susquehanna track to the H. E. Salzberg Company, who organized the Wellsville, Addison, and Galeton Railroad to operate the line. The line was finally abandoned in 1979.

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