Chateaugay and Lake Placid Railway Co. stock (106041)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:30.00 USD Estimated At:60.00 - 120.00 USD
Chateaugay  and Lake Placid Railway Co.  stock   (106041)
160.00USDto d*******f+ (40.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Jul 15 @ 18:08UTC-7 : PDT/MST
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8 cancelled railroad stock certificates @ $100 each. Green borders, raised company seal. Signed by treasurer (or asst. treasurer) and president (or vice president). Incorp. under laws of New York. 7 assigned. Printed: H.K. Brewer & Co., Stationers, 33 Nassau St. N.Y. Chateaugay. Railroad built by the Chateaugay Iron Company in 1879 from Lyon Mountain to Dannemora to move ore and charcoal for its iron-making operations. Railroad line was extended to Standish in 1885, to Loon Lake in 1886 and to Saranac Lake in 1887. Line leased to Chateaugay Railroad Co. Companies merged in 1903 becoming the Chateaugay and Lake Placid Railroad Company. It was purchased in the 1st year by the Delaware and Hudson railroad company and operated as the Chateaugay Branch of the D & H.