Monongahela Railway $1,000 bond c1945 (Pennsylvania - West Virginia)

Nice vignette of two classical figures flanking a framed steam train scene. Unissued and not cancelled. Dated dated 1945 in the text. Vertical format. Measures approximately 10 x 15 inches. 

On July 1, 1915 the Monongahela Railroad consolidated with the Buckhannon and Northern Railway to form the Monongahela Railway Company (MRY), still under the control of the parent companies.

The Monongahela Railroad was a joint venture of the Pennsylvania Railroad (PRR) and the Pittsburgh and Lake Erie Railroad (P&LE), both of which had plans to extend their lines in the area. Each company appointed four of their members to the board of directors, who held their first meeting in January 1901.

The Monongahela Railway (MGA) was incorporated for a singular purpose, to transport coal out of the rich northern Appalachian seams situated in West Virginia and southwestern Pennsylvania. It was formed as a joint operation of the Pennsylvania Railroad and New York Central-controlled Pittsburgh & Lake Erie to move black diamonds to steel production centers in Pittsburgh and northern Ohio. Just before the Great Depression the Baltimore & Ohio was allowed to acquire a one-third ownership.

On May 1, 1993 the Monongahela Railway was merged into the Consolidated Rail Corporation (Conrail), which had previously bought out the shares of B&O successor CSX Transportation and Pittsburgh & Lake Erie. Conrail would be bought in 1998 by Norfolk Southern and CSX.

Product descriptions and images
Please note that some pictures may only be representative of the inventory available.  If we have more than one piece, we are unable to scan and display every piece.  Unless otherwise noted, that there are variations for signatures, cancellation marks/holes, serial number, and dates.  Colors will be as noted and pictured.