6292

Flint and Pere Marquette Railroad Company (75842)

Currency:USD Category:Collectibles / Railroadiana, Trains Start Price:35.00 USD Estimated At:75.00 - 140.00 USD
Flint and Pere Marquette Railroad Company   (75842)
SOLD
40.00USDto f*****1+ buyer's premium (10.00)
This item SOLD at 2019 Jul 15 @ 17:52UTC-7 : PDT/MST
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Four stock certificates for Flint and Pere Marquette Railroad Company; 1) 9 preferred shares cancelled Sept 18, 1889. Certificate A7542; 2) 19 shares shares cancelled February 9, 1884. Certificate A592; 3) blank certificate for 100 shares of Common stock; 4) blank certificate Preferred stock , certificate no. A11544. The F&PM was chartered on January 22, 1857 as the Flint and Pere Marquette Railway for the purpose of constructing an east-west railway line on a route, for which a federal land grant was offered, from Flint, Michigan to Lake Michigan at Pere Marquette (now Ludington, Michigan). The early promoters of the road were George M. Dewey and E.H. Hazelton of Flint, with Dewey serving as the first president of the F&PM. Construction started in 1859. In 1860 Captain Eber Brock Ward of Detroit, was elected to the presidency of the F&PM. Service began on January 20, 1862, on the 26.1-mile section from East Saginaw south to Mount Morris. In December 1864 the F&PM gained access to Detroit via trackage rights over the Flint and Holly Railroad and the Detroit and Milwaukee Railroad. Ken Prag Collection

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