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Collectible Stocks and Bonds

Chicago Rock Island and Pacific Railway bond c1884 (Illinois)

$99.95 $20.00
(You save $79.95)

Chicago Rock Island and Pacific Railway bond c1884 (Illinois)

$99.95 $20.00
(You save $79.95)
SKU:
crip bd c1884
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Product Description

Chicago Rock Island and Pacific Railway bond c1884 (Illinois) 

Famous railroad. Less common version. Nice vignette of a period steam train at a small station. Fold down the center from storage. Unissued and not cancelled. Dated 1884 in the text. Measures approximately 13.5 by 9 inches.

The Chicago, Rock Island and Pacific Railway had its roots in the Chicago and Rock Island of 1851. This company was merged with others into the Chicago, Rock Island and Pacific Railroad in 1866 and was reorganized in 1880 under the same name but with the word Railway in the title.

Chicago, Rock Island and Pacific Railroad was a major U.S. Midwest carrier, starting in 1851 as the Rock Island and LaSalle Rail Road, becoming the first to link Chicago with the Mississippi River by 1854, and expanding into a vast network across 14 states by the 1940s, known for its reach to Omaha, St. Paul, Kansas City, and beyond.

1851: Chartered as the Rock Island and LaSalle Rail Road, starting construction from Chicago.

1866: Became the Chicago, Rock Island and Pacific Railroad (CRI&P).

1880: Reorganized as Chicago, Rock Island and Pacific Railway.

19 33: First bankruptcy due to the Great Depression and infrastructure issues.

1960s-70s: Faced intense competition from cars, planes, and trucks; a planned merger with Union Pacific fell through, worsening its financial state.

1975: Entered receivership again.

1980: Operations ceased due to a strike, leading to liquidation and the end of the railroad.

 

 

Product descriptions and images
Please note that some pictures may only be representative of the inventory available.  If we have more than one piece, we are unable to scan and display every piece.  Unless otherwise noted, that there are variations for signatures, cancellation marks/holes, serial number, and dates.  Colors will be as noted and pictured.

 

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