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- Michigan Central Railroad $1000 bond certificate 1917 (New York)
Michigan Central Railroad $1000 bond certificate 1917 (New York)
Product Description
Michigan Central Railroad $1000 bond certificate 1917 (New York)
MI RR! Nice vignette of passenger trains passing men working on the tracks. Unissued but dated 1917 in the text, maturing 1979. Vertical fold from storage. Measuring approximately 13 x 9 inches.
The Michigan Central Railroad was chartered in 1846 to establish rail service between Detroit, Michigan, and St. Joseph, Michigan. The railroad later operated in the states of Michigan, Indiana, and Illinois in the United States and the province of Ontario in Canada. After about 1867 the railroad was controlled by the New York Central Railroad, which later became part of Penn Central and then Conrail. After the 1998 Conrail breakup, Norfolk Southern Railway now owns much of the former Michigan Central trackage.
The Michigan Central railroad was organized by Boston financers in 1846 to purchase the "Central" line which was built and owned by the State of Michigan. Around 1878, the Vanderbilt family asserted control of the company through stock purchases, and the line began a slow integration into the New York Central system, which was completed in 1930. In addition to the main line from Detroit to Chicago, the MC purchased branch lines all over Michigan.
Product descriptions and images
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