2587

New York and Harlem Railroad #106438

Currency:USD Category:Collectibles / Railroadiana, Trains Start Price:75.00 USD Estimated At:150.00 - 300.00 USD
New York and Harlem Railroad  #106438
SOLD
75.00USDto i*********1+ (18.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Dec 06 @ 14:22UTC-8 : PST
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Cancelled $10,000 3-1/2% New York and Harlem Railroad Co Trustee's Certificate cert # X 721 issued to New York Life Insurance Co. on Oct. 18, 1900. Registered Gold Bond Due May 1, 2000. Signed by M.C. Vanderbilt and secretary. Raised seal, green border. Printed: American Bank Note Co., NY. New York and Harlem Railroad was one of 1st railroads in US, world's 1st street railway. John Stephenson designed it and was opened in stages between 1832 and 1852 between Lower Manhattan to and beyond Harlem. First railway carriages were pulled by horses. Conversion next to steam engines. Next update to battery-powered Julien electric traction cars. After two companies owning the line went into receivership, in 1932 the New York Railways Corp. converted to bus operation. Line became part of New York Central Railroad system with trackage rights granted to the New York, New Haven and Hartford Railroad into Manhattan. Now part of the Metro-North Railroad system. State: City: Date: