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- Wabash Railroad $1000 bond 1963 (Indiana)
Wabash Railroad $1000 bond 1963 (Indiana)
Product Description
Wabash Railroad $1000 bond 1963 (Indiana)
Famous RR. Nice vignette of the line's famous flag logo framed between two classical seated figures. $1000 denomination. Vertical format. Green border. Issued and cancelled. Dated 1963. Company 1937 incorporation in bottom seal. Light folds from storage. Measuring approximately 10 x 15 inches.
The first railroad to use only Wabash and no other city in its name was the Wabash Railway in January 1877 which was a rename of the Toledo, Wabash and Western Railway formed in 1865.
In 1904, the Wabash Pittsburgh Terminal Railway was formed and acquired control of the Wheeling and Lake Erie. However, the WPT went bankrupt in 1908; it would later become part of the Pittsburgh and West Virginia Railway. The Wabash Railroad itself was sold at foreclosure 1915, and reorganized as the Wabash Railway.
The Pennsylvania Railroad acquired control of the Wabash in 1927 by buying stock through its Pennsylvania Company. The Wabash Railway again entered receivership in 1931. The Wabash Railroad, controlled by the PRR, was organized in 1941 and bought the Wabash Railway.
In 1960, the PRR agreed to a lease of the Wabash by the Norfolk and Western Railway. The PRR's Detroit, Toledo and Ironton Railroad assumed control of the Wabash's Ann Arbor in 1962. In 1964, the New York, Chicago and St. Louis Railroad (Nickel Plate Road) merged into the Norfolk and Western Railway, and the N&W leased the Wabash and Pittsburgh and West Virginia Railway.
The N&W and the Southern Railway merged in 1982, although the Wabash continued to exist on paper. NS formally merged the Wabash into the N&W in November 1991.
The source of the Wabash name was the Wabash River, a 475-mile-long river in the eastern United States that flows from northwest Ohio to Illinois, before draining into the Ohio River.
Origins of the Wabash logo date back to 1886 when the railroad began featuring a flag and banner in red with the words "The Wabash Line" displayed in gold, encompassed within a smaller blue rectangle. It proclaimed itself "the Banner Line of the Central States" which was later shortened to "the Banner Route" during the 1890's.
Product descriptions and images
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