Skip to main content

Grand River Valley Railroad Co.- 1880's - 1910 dated Railway Stock Certificate

Inv# RS1086   Stock
State(s): Michigan
Years: 1880's-1910
Color: Orange and Black

Railroad Stock printed by American Bank Note Company, New York. Superb steam train in station. Great engraved quality. Rare! Also available in unissued stock at a lesser price. Inquire when interested.

In 1870, the Grand River Valley Railroad was leased in perpetuity to the Michigan Central Railroad, which was part of the New York Central "empire". This line was the New York Central's main line to Grand Rapids, Michigan's second largest city. Passenger service ended in 1959. The line was abandoned by NYC successor PennCentral and operated briefly by the Kent, Barry and Eaton Connecting RR, with a state subsidy. State money ran out and the rails were removed in the 1980's.

The Michigan Central Railroad (reporting mark MC) was originally chartered in 1832 to establish rail service between Detroit, Michigan, and St. Joseph, Michigan. The railroad later operated in the states of Michigan, Indiana, and Illinois in the United States and the province of Ontario in Canada. After about 1867 the railroad was controlled by the New York Central Railroad, which later became part of Penn Central and then Conrail. After the 1998 Conrail breakup, Norfolk Southern Railway now owns much of the former Michigan Central trackage. At the end of 1925, MC operated 1,871 miles (3,011 km) of road and 4,139 miles (6,661 km) of track; that year it reported 4,304,000 net ton-miles of revenue freight and 600 million passenger-miles. Read more at https://en.wikipedia.org/wiki/Michigan_Central_Railroad

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $60.00