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Collectible Stocks and Bonds

New York Connecting Railroad stock certificate c1917 (New York)

$49.95 $39.95
(You save $10.00)

New York Connecting Railroad stock certificate c1917 (New York)

$49.95 $39.95
(You save $10.00)
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ny connect rr ui c1917
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Product Description

New  York Connecting Railroad stock certificate c1917 (New York) 

Super nice vignette of a steam train with coal car. Unissued and not cancelled.  Circa 1917. Dated 191_ on the cert.  Approximately 12 x 8 inches.

The New York Connecting Railroad is a rail line in the borough of Queens in New York City. It links New York City and Long Island by rail directly to the North American mainland. Amtrak, CSX, Canadian Pacific Kansas City, Providence and Worcester Railroad, and the New York and Atlantic Railway currently use the line.

The New York Connecting Railroad was incorporated on April 21, 1892, and was jointly owned by the New York, New Haven, and Hartford Railroad, and the Pennsylvania Railroad (PRR). The line opened in 1917 as a connection between the New Haven's Harlem River and Port Chester Railroad and the PRR East River Tunnels to Penn Station and the North River Tunnels under the Hudson River.

The line was dedicated on March 9, 1917 by PRR President Samuel Rea and engineer Gustav Lindenthal.   A special train took the directors of the New Haven over the line on March 25, 1917, and at that time it was turned over to the New Haven for operation. Passenger service began on April 1, 1917.

It operated until 1969 under the Penn Central Transportation Company. In May 1974, the bankruptcy court determined that Penn Central's rail operations would not produce sufficient income to support reorganization. Under the Regional Rail Reorganization Act of 1973, the federal government assumed control of PC's railroad assets.

The United States Railway Association spent two years evaluating the holdings of PC and six other bankrupt carriers, including Erie Lackawanna, the Central Railroad of New Jersey, and the Reading Company. On April 1, 1976, PC's viable rail operations were transferred to the federally owned Consolidated Rail Corporation (Conrail). Conrail operated as a private entity until its acquisition and division by Norfolk Southern Railway and CSX Transportation in 1999.

 

 

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.

 

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