Choctaw, Oklahoma and Gulf Railroad - Stock Certificate
Inv# RS2059 Stock
Hole and stamp cancelled. Great train scene. Attractive! Rare!
The Choctaw, Oklahoma and Gulf Railroad (CO&G), known informally as the "Choctaw Route," was an American railroad in the states of Arkansas and Oklahoma. The company, originally known as the Choctaw Coal and Railway Company, completed its main line between West Memphis, Arkansas and western Oklahoma by 1900. In 1901 the CO&G chartered a subsidiary company, the Choctaw, Oklahoma and Texas Railroad, to continue construction west into the Texas panhandle, and by 1902 the railroad had extended as far west as Amarillo.
The CO&G came under the control of the Chicago, Rock Island and Pacific Railroad (the "Rock Island") in 1902, and was formally merged into the Rock Island on January 1, 1948. The Memphis-Amarillo route remained an important main line for the Rock Island, hosting local and transcontinental freight traffic as well as passenger trains such as the Choctaw Rocket from 1940-1964.
Ownership of the Choctaw Route's railway components were split into numerous pieces as a result of the dissolution of the Rock Island Railroad in 1980. Some segments of the former CO&G were abandoned; others remain in use by the Union Pacific Railroad and various short lines. As of 2014, the former Choctaw Route can be described from east to west as:
- Memphis, Tennessee to Brinkley, Arkansas: active; owned by Union Pacific
- Brinkley to the eastern side of Little Rock: abandoned, with rail removed
- Little Rock to Danville: active; operated by the Little Rock and Western Railway
- Danville to Howe, Oklahoma: abandoned, with rail removed; owned by the State of Oklahoma
- Howe to McAlester: active; owned and operated by the Arkansas–Oklahoma Railroad
- McAlester to Shawnee: disused, with rail in place but most road crossings paved over. Owned by the UP, last operated by Union Pacific in 1996
- Shawnee to Oklahoma City: active; owned by Union Pacific, operated by the Arkansas-Oklahoma Railroad
- Oklahoma City to El Reno: active; owned by Union Pacific, operated by Union Pacific and AT&L Railroad
- El Reno to Geary: active; owned and operated by AT&L railroad
- Geary to Watonga Spur: active; owned and operated by AT&L Railroad
- Geary to Bridgeport: Active; Owned by the State of Oklahoma, operated by AT&L Railroad
- Bridgeport to Weatherford: Out of service; owned by the State of Oklahoma. Rails are still in place for most of this segment, but several sections are washed out.
- Weatherford to Erick: active; owned by the State of Oklahoma, operated by the Farmrail Corporation
- Erick, Oklahoma to east end of Amarillo, Texas: abandoned, with rail removed
The former Choctaw Route passenger depot in Little Rock, Arkansas, is now a component of the William J. Clinton Presidential Center and Park, though the adjoining historic freight depot was razed as part of the Clinton Center's development.
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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