5602

Salt Lake and Utah Railroad Stock

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Salt Lake and Utah Railroad Stock
SOLD
50.00USD+ (12.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Dec 09 @ 12:52UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
I/U unlisted #449 CL Shields 1 share 1923 signed by President illegible. "The Salt Lake & Utah Railroad ran from Payson to Salt Lake City. The line was built in 1914 as an electric interurban. On April 3, 1914 it reached as far as Pleasant Grove. By 1916, the line reached Payson. It was unofficially called the "Orem" after A. J. and W. C. Orem, who arranged the corporate financing to build the line. When the line was constructed as far as Provo, special-built new cars began running. They were dark red, thirty-six passenger capacity cars, each divided into a freight compartment and two passenger compartments, smoking and non-smoking. Each car was heated, lighted and powered by four 110-horsepower Westinghouse motors, which drew electricity from overhead cables. The Salt Lake & Utah Railroad also carried the United States mail and newspapers. Other freight included milk and produce along with regular every day commodities. A spur in Pleasant Grove ran to a loading station under a dumping ramp where ore and fire clay were loaded. The clay came from natural deposits on the hills east of town, mined there in two locations, the Homer/McFarland and the Wadley pits. The ore was hauled from mines in American Fork Canyon. Ridership was lively before the family car became popular in the mid 1920s. During the depression, and through WWII when gas was rationed, people again patronized the convenient rail system, which, due to its deterioration, was referred to as "The Red Heifer" or "Leaping Lena". The line was closed in 1946, just after the war." from utahrails.net. Creases, corner missing, small tears. Prag Collection State: City: Date: 1923 HWAC# 84174