Jamestown, Franklin, and Clearfield Railroad $10,000 gold bond 1926 (Pennsylvania - Ohio)

PA and OH RR. Awesome vignette of seated male and female classical figures flanking a standing winged goddess. $10,000 denomination. Horizontal format. Orange border. Issued and cancelled. Dated 1926.  Vertical fold from storage. Measuring approximately 13.5 x 9 inches. 

The Jamestown, Franklin and Clearfield Railroad (JF&C) was formed in 1909 from a consolidation, growing out of the earlier Jamestown & Franklin Railroad (J&F) that connected Jamestown, PA, to Oil City and Ashtabula, OH, primarily to serve the booming oil fields and link with other lines. Merged with the New York Central Railroad in 1915.

The Jamestown and Franklin Railroad (J&F) was a short line railroad which operated in the U.S. states of Ohio and Pennsylvania. Established in 1862, its main line ran from Jamestown, Pennsylvania, to Oil City, Pennsylvania. A branch line connected Jamestown with Ashtabula, Ohio. The railroad leased itself to the Lake Shore and Michigan Southern Railway in 1864 for 20 years. On January 26, 1909, the J&F, the Central Trunk Railroad, the Franklin and Clearfield Railroad, and the Jackson Coal Railroad consolidated to create the Jamestown, Franklin, and Clearfield Railroad.

On April 7, 1915, the New York Central (NYC) purchased the Jamestown, Franklin, and Clearfield Railroad in a debt-for-ownership exchange. The NYC then abolished the separate corporate existence of the Jamestown, Franklin, and Clearfield Railroad.

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