Lackawanna Railroad Company of New Jersey stock certificate 1944 (New Jersey) 

Unusual vignette of a railroad bridge over the Pequest River. Issued and cancelled. Dated 1944 on the cert.  Approximately 11.5 x 7.5 inches.

The "Lackawanna Railroad Company of New Jersey" was a subsidiary of the Delaware, Lackawanna and Western Railroad Company (DL&W) that owned trackage in New Jersey. It was created in 1910 to build the Lackawanna Cut-Off, a major line that shortened the DL&W's route and improved operations. The company was later merged into the DL&W in 1941 (merger complete in 1944). The DL&W merged with the Erie Railroad in 1960 to form the Erie-Lackawanna Railroad, which was later absorbed by Conrail in 1976 and its surviving trackage is now operated primarily by Norfolk Southern and CSX Transportation.

The Lackawanna Cut-Off was designed to bypass the Delaware, Lackawanna & Western's "Old Road," a circuitous route via Hackettstown and Washington, New Jersey, constructed on an alignment significantly south of where the Cut-Off would later be built, in anticipation of a potential merger with the Central Railroad of New Jersey (CNJ) which never took place. Starting about 1905, more than a dozen potential routes between Port Morris, New Jersey and Slateford, Pennsylvania were surveyed. As planning continued, a new route the northernmost of all the potential routes emerged. This route would have no tunnels and would cross the valley of the Pequest River on the world's largest railroad embankment: the Pequest Fill. 

The Cut-Off would run from the crest of the watershed at Lake Hopatcong (Port Morris, New Jersey) to Slateford, Pennsylvania on the Delaware River, two miles south of the Delaware Water Gap. The line was 28.45 miles in length, as compared to the Old Road's 39.6 miles, saving the Lackawanna 11.15 miles between the two points. The Cut-Off cost $11 million to build. A new corporation, the Lackawanna Railroad of New Jersey (LRRNJ), was created, and remained a separate corporate entity until 1941, when it was merged into the DL&W.

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