Erie and Pittsburgh Railroad stock certificate 1973 (Pennsylvania)

PA railroad! Nice vignette of a steam train approaching a trainyard. Issued and cancelled. Dated 1973. Measures approximately 12 x 8.5 inches.   

The Erie and Pittsburgh Railroad (E&P) was a historic 83-mile railroad line in Pennsylvania that operated independently from 1860 to 1870 before being leased to and operated by the Pennsylvania Railroad system and its successors. It maintained a separate corporate identity for a long time but has since been abandoned in segments, with some parts now integrated into modern freight rail networks.

William Lawrence Scott, trustee for E&P and the Pennsylvania Railroad, bought the Erie Canal Company (owner of the Erie Extension Canal) at a sheriff's sale on November 29, 1870. The deed was conveyed to E&P on March 22, 1871.

Formation and Operation:
The E&P was incorporated on April 1, 1858, to complete a rail connection between Erie and Pittsburgh. It began independent operations in March 1860, completing its full line from Erie to New Castle in 1864.

Key Routes:
The E&P operated several segments of track totaling approximately 83 miles, including lines from Girard Junction to Jamestown, PA; Jamestown to New Castle, PA; Greenville to the Shenango River; Clarksville to Sharpsville; and Dock Junction to Erie.

Lease and Integration:
The railroad was leased to the Pennsylvania Railroad (PRR) under a 999-year lease in 1870 and was subsequently operated as an integral part of the PRR system. The E&P corporation continued to exist as a separate entity even after the lease.

Decline and Abandonment:
Passenger service was eventually discontinued, and the E&P was abandoned in segments between 1973 and 1982. The Pennsylvania Railroad itself merged with the New York Central in 1968 to form Penn Central, which later went bankrupt.

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