4535

Chateaugay & Lake Placid Rwy Stocks (4) Includes a #1 (111307)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:80.00 USD Estimated At:160.00 - 250.00 USD
Chateaugay & Lake Placid Rwy Stocks (4) Includes a #1  (111307)
SOLD
140.00USDto 8*************e+ (35.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Feb 17 @ 15:35UTC-8 : PST
SHIPPING & HANDLING: Shipping is subject to a minimum charge of $19.00. Shipping and handling cannot be estimated prior to invoicing as it is based on the size and weight of your purchase. Additional shipping and handling costs, if required, will be re-invoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size.
Four certificates from this rail. 1) Chateaugay & Lake Placid Railway Co preferred stock #107, issued for 100 shares to the Delaware and Hudson Company. No date filled in. Stamp and hole cancels. Nice vignette of train leaving shed. 2-3) Generic common stocks, one is #7, issued for 100 shares. No vignette. Total capital stock, $3.45 Million, also issued to the Delaware and Hudson Company in 1928. Hole cxls. Other certificate is only partially issued (signed). Information hand filled out. Cert. #14, total cap. $450,000. 190X. Hole punched thru the signature of the president.

4) Also, comes with interesting typewritten preferred stock #1, signed by the company president, stating that the Delaware and Hudson Company was entitled to twenty thousand fully paid shares of $100 preferred stock in the company. Dated 1904. This typewritten certificate is pen cancelled and hole cancelled thru the signatures. On the back, the Delaware and Hudson Company endorsed this certificate to sell or transfer their shares in 1907. Not sure this describer has ever seen a typewritten stock certificate such as this. Very desirable.

Provenance: Ken Prag Collection
Country (if not USA):
State: New York
City/County:
Date: