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California Street Railroad Company Stock Certificate (113710)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:60.00 USD Estimated At:120.00 - 200.00 USD
California Street Railroad Company Stock Certificate  (113710)
SOLD
65.00USDto m*****r+ buyer's premium (16.25)
This item SOLD at 2020 Oct 31 @ 13:30UTC-7 : PDT/MST
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Inc. 1876. No. 135 (? ink faded) for 12 shares to A. Borel on July 12th, 1883 in San Francisco. Signed by vice-president N. Smith and secretary Hirshcman. Pen cancelled. Black border and print. Crocker & Co. Folds, toning. A. Borel is almost certainly Antoine Borel, a San Mateo County pioneer and noted businessman. The California Street Cable Railroad (Cal Cable) was a long-serving cable car operator in San Francisco, founded by Leland Stanford. The company's first line opened on California Street in 1878 and is the oldest cable car line still in operation.The company remained independent until 1951, outlasting all the other commercial streetcar and cable car operators in the city. The city purchased and reopened the lines in 1952; the current cable car system is a hybrid made up of the California Street line, and the Hyde Street section of Cal Cable's O'Farrell, Jones & Hyde line, together with other lines already in municipal ownership.

Date: 1883
Country (if not USA):
State: California
City: San Francisco
Provenance: Ken Prag Collection