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New Mexico & Southern Pacific Railroad Company Stock Certificate, 1894 [201789]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:10.00 USD Estimated At:150.00 - 300.00 USD
New Mexico & Southern Pacific Railroad Company Stock Certificate, 1894 [201789]
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Rare. Inc. in the Territory of New Mexico. No. 295, issued for one share to James Woodward in 1894. Signed by president Walker and the asst. secretary. Stamp and punch cancelled. Black border and print, locomotive vignette. William B. Strong obtained a charter for the New Mexico and Southern Pacific Railroad Company after learning that the AT & SF railway's main competitor, the Southern Pacific Railroad, had introduced legislation to block the Santa Fe's entry into New Mexico. With crews working under A.A. Robinson between La Junta and Raton, the Santa Fe managed to enter New Mexico in December of 1878, thus ensuring continued competition with Southern Pacific. Ultimately, the line was sold to the Santa Fe in February of 1899. In 1879, the New Mexico and Southern Pacific Railroad constructed a railroad through the pass, which became part of the second North American transcontinental railroad in March 1881. The NM&SP was absorbed into its parent company, the Atchison Topeka and Santa Fe Railroad in 1899, and the Santa Fe used the route for their Chicago to Los Angeles trains, including the famed El Capitan and Super Chief.
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Date: 1894
Country (if not USA):
State: New Mexico
City:
Provenance: