Delaware Lackawanna and Western Railroad $1000 bond certificate 1942 (Pennsylvania) - famous DLW line
Morris and Essex Division Collateral Trust Bond

Nice DLW RR bond. Awesome vignette shows the famous DLW Delaware River Viaduct flanked by two classical male figures. Vertical format. Issued and cancelled. Some coupons attached. Dated 1942 from the text. Folds from storage. Measuring approximately 15 x 10 inches.

The Delaware, Lackawanna and Western Railroad (DL&W), an influential U.S. Class 1 railroad in the Northeast, is no longer an independent entity. It merged with the Erie Railroad in 1960 to form the Erie Lackawanna Railroad, which was later absorbed into the Consolidated Rail Corporation (Conrail) in 1976.

Primary Purpose:
The DL&W was incorporated in Pennsylvania in 1853, primarily to transport anthracite coal from the coal regions of Northeastern Pennsylvania to markets in New York City. The railroad gradually expanded both east and west, and eventually linked Buffalo with New York City.

Early days:
Delaware, Lackawanna, and Western Railroad was first incorporated as Leggett's Gap Railroad in 1832. The company was chartered on March 14, 1849, and organized in 1850. In 1851, its name was changed to Lackawanna and Western Railroad. The line opened on December 20, 1851, and ran north from Scranton, Pennsylvania, to Great Bend, Pennsylvania, just south of Pennsylvania's border with New York state. From Great Bend, the railroad obtained trackage rights north and west over the New York and Erie Rail Road to Owego, New York, where it leased the Cayuga and Susquehanna Railroad to Ithaca on Cayuga Lake on April 21, 1855. Original member of the Dow Jones Industrial Average - added February 16, 1885.

Key Routes:
The railroad's main line spanned 395 miles, connecting Buffalo, New York, and Hoboken, New Jersey (with ferry connections to New York City). It also had extensive branch lines throughout New York, Pennsylvania, and New Jersey. Famed for the Delaware River Viaduct (part of the Lackawanna Cut-Off near Columbia, NJ)

"Phoebe Snow":
The DL&W became famous for using clean-burning anthracite coal, which produced less soot. This was highlighted by a marketing mascot, Phoebe Snow, a woman in a white dress whose clothes remained clean during her journey.

Decline:
The railroad's decline was driven by several factors, including the decrease in demand for coal as a primary fuel, competition from highway systems and trucks, and severe damage from events like Hurricane Diane in 1955.

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