Pennsylvania and Indiana Railroad Stocks (109968)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:70.00 USD Estimated At:140.00 - 200.00 USD
Pennsylvania and Indiana Railroad Stocks  (109968)
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2 certificates. 1. Titusville Northern Railroad Co. incorp. Pennsylvania 1909. #27 of 500, I/U, $1000, 5%, First Mortgage 20 year issued April 1, 1909. Brown, gold embossed seal, vignette to eagle look r-l wings spread holding American flag and Union shield. $1000 brown underprint. The Brown-Green Co. printer. EF.

2. Tipton-Frankfort Traction Co. incorp Indiana. possibly around 1912-13. Company President Eugene Purtelle ran into difficulties being arrested in Tipton for fraudulent check writing trying to raise interest in the traction co., couldn't make bail and the banks demanding up to $1200 be returned (newspaper article Kokomo Daily Tribune May31, 1913). #1, I/U, One share @ $100 par issued Feb14, 1913 signed Eugene Purtelle President (three months before his arrest). Orange, vignette Lady Liberty in orange underprint. "NO. 5" in lower left corner. EF.

Provenance: Ken Prag Collection
Country (if not USA):
State: Pennsylvania
Date: 1900's