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New!  1861 New York Central Railroad Stock Transfer Receipt
1861 New York Central Railroad Stock Transfer Receipt
1861 New York Central Railroad Stock Transfer Receipt
 
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Vintage Stock Certificate



Product Code: 1152-NYCRR

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Description Extended Information
 
This receipt was issued by the New York Central Railroad Company's Transfer Office in 1861. It was sale of 10 shares from Michael Sullivan to Thomas Holloway of London.

Erastus Corning saw the need to connect the routes between Albany and Buffalo, New York. In the 1850s he organized the merger of several other railroads to do just this. After a few years of lobbying and dealing the State Legislature passed the Consolidation Act April 22, 1853 allowing the merger of these independent railroads and form the The New York Central Rail Road Company. Corning was the majority shareholder and was subsequently elected President.

The New York Central Railroad was one of the original members of the Dow Jones Industrial Average added July 3, 1884.

Measures: 9" x 8"