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Founders Share Stock Certificate Des Chutes Railroad Company (117370)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Founders Share Stock Certificate Des Chutes Railroad Company  (117370)
SOLD
110.00USDto J********W+ (27.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Jul 11 @ 18:14UTC-7 : PDT/MST
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A Des Chutes Railroad Company stock certificate for one share, issued to W.W. Cotton in 1906. Certificate is signed and canceled, with a vignette. W.W. Cotton was an attorney for the Des Chutes Railroad Company in Portland, Oregon. Attorneys were needed during the Deschutes Railroad War which began in 1908 when the Deschutes Railroad and the Oregon Trunk Railway started racing to build a line from the mouth of the Deschutes River across central Oregon. The Deschutes Railroad started out on the eastern side of the river and the Oregon Trunk Railway on the western side. However, in the Deschutes River Canyon, the two roads actually ran side-by-side or shared the same rails and terminals. Over the following years, there were multiple legal disputes to decide which company should have sole access to the canyon, but railroad workers went even further. Competing construction crews would often blow up the other side's supplies by igniting their black powder stores. They also dumped boulders onto camps below and engaged in small gunfights. Casualties remained light though and by 1912 the two railroads were operating on mostly separate lines, thus removing the cause for hostility.

Provenance: Ken Prag Collection
Country (if not USA):
State: Oregon
City/County: Portland
Date: 1906