Erie-Lackawanna Railroad Co. - 1960's dated Railway Stock Certificate

Railroad Stock. Male and female figure with company logo. Engraved by American Bank Note Co. Available in Red, Brown or Aqua. Please specify color.

The Erie Lackawanna Railway, designated by the reporting mark EL, was previously known as the Erie Lackawanna Railroad until 1968. It was established through the merger of the Erie Railroad and the Delaware, Lackawanna & Western Railroad in 1960. The railway adopted the official motto "The Friendly Service Route." Similar to many northeastern railroads that were already facing financial difficulties due to the growth of the U.S. Interstate Highway System, the Erie Lackawanna Railway suffered significant fiscal setbacks as a result of the extensive, prolonged, and unprecedented flood levels caused by Hurricane Agnes in 1972. The railway was unable to recover from these challenges, and most of its assets were absorbed into the federal rescue initiatives that led to the creation of Conrail in 1976, marking the end of its existence as an independent railroad company. The merger was sanctioned by the Interstate Commerce Commission on September 13, 1960, and the formal consolidation of the Erie Railroad and the Delaware, Lackawanna and Western Railroad took place on October 17, resulting in the formation of the Erie-Lackawanna Railroad.