Chesapeake and Ohio Grain Elevator stock certificate c1882 (New Jersey) 

Great vignette of the proposed company's grain elevator and silo facility in Newport News VA.  Unissued and not cancelled. Circa 1882. Measures approximately 11.5 x 7.5 inches. 

The Chesapeake and Ohio Grain Elevator Company, incorporated in New Jersey on July 12, 1882, and was a subsidiary of the Chesapeake and Ohio Railway Company. The company was formed to build a grain elevator and warehouse in Newport News, Virginia. The grain elevator was destroyed by fire on September 4, 1915, and was not rebuilt.

Parent company:
The Chesapeake and Ohio Railway railroad formed in 1869 in Virginia from several smaller Virginia railroads begun in the 19th century. Led by industrialist Collis Potter Huntington, it reached from Virginia's capital city of Richmond to the Ohio River by 1873, where the railroad town of Huntington, West Virginia, was named for him.

During the American Civil War, the Virginia Central played a key role in several battles but was a target for Federal armies. By 1865, it only had five miles of track still in operation and almost no cash to rebuild. Officials realized that they would have to get capital to rebuild from outside the economically devastated South and succeeded in getting Collis Huntington interested.

Conditions improved in the 1880s, when coal resources began to be developed and shipped eastward. the Peninsula Extension was completed from Richmond to the new city of Newport News located on Hampton Roads, the East’s largest ice-free port. Transportation of coal to Newport News where it was loaded on coastwise shipping and transported to the Northeast became a staple of the C&O’s business.

in 1973 Chessie System was created as a holding company for the C&O, B&O and Western Maryland Railway. In effect, C&O formally adopted a nickname that had been used colloquially for the railroad for several years, after the mascot kitten used in ads since 1933.

Chessie System then merged with Seaboard Coast Line Industries to form CSX Corporation, with Chessie and SCL as its leading subsidiaries. 

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