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- Peoria and Eastern Railway stock certificate 1963 (Illinois)
Peoria and Eastern Railway stock certificate 1963 (Illinois)
Product Description
Peoria and Eastern Railway stock certificate 1963 (Illinois)
Very nice steam train and station vignette highlights this historical railroad. Issued and cancelled. Dated 1963. Measures approximately 11 by 7 inches.
On January 1, 1890, the Peoria and Eastern Railway Company, originally the Ohio, Indiana and Western Railway Company, was organized under the laws of Ohio, Indiana, and Illinois.
Incorporated on February 21, 1890, it was established for constructing or acquiring a railway between Pekin, IL and Indianapolis, IN. The company acquired a railroad in a foreclosure sale of the Ohio, Indiana, and Western Railway, which had become insolvent the previous year. On the same day, the company entered into an agreement with the Cleveland, Cincinnati, Chicago and St. Louis Railway, surrendering operation and control of the railroad to that company, also known as the "Big Four".
From this latter system emerged the Peoria & Eastern through intricate corporate restructuring running from Indianapolis and Pekin. The P&E became quite successful and was subsequently subleased by the New York Central from the subsidiary Cleveland, Cincinnati, Chicago & St. Louis (the "Big Four") in 1930.
It retained its identity until its integration into Conrail in 1976. Following Conrail's creation, much of the old P&E was abandoned in Illinois between 1984 and 1996. What was left went into the CSX Corporation.
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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