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Ohio Central Railroad Co. - $1,000 Bond (Uncanceled)

Inv# RB5760   Bond
Ohio Central Railroad Co. - $1,000 Bond (Uncanceled)
State(s): Ohio
West Virginia
Years: 1882

$1,000, 6% Uncanceled Bond.

The Ohio Central Railroad System is a network of ten short line railroads operating in Ohio and western Pennsylvania. It is owned by Genesee & Wyoming Inc.

Headquartered in Coshocton, Ohio, the system operates 500 miles (800 km) of track divided among 10 subsidiary railroads. Most of the system's routes were divested from Class I railroads and connect industries to the Class I railroads.

The Ohio Central operates on track owned by other entities, including a line from Newark, Ohio to Mount Vernon, Ohio owned by CSX Transportation and the old Panhandle Route, owned by the State of Ohio.

Ohio Central's rail system comprises

As well as being a regular revenue railroad, the Ohio Central had its own steam department that operated steam locomotives for tourist trains, excursions and special events.

Steam locomotives The Ohio Central Railroad System owned and operated several steam locomotives. When Jerry Joe Jacobson sold Ohcr in 2008, he maintained the ownership of the antique equipment including the collection of steam locomotives. He built a large roundhouse in Sugarcreek, Ohio, called the Age of Steam Roundhouse to house that equipment including the following:

Operational:

Awaiting restoration:

Former engines:

Jacobson died in 2017.

On August 5, 2008, Genesee and Wyoming Inc announced an agreement to purchase the Ohio Central System for $219 million. Approval was granted by the Surface Transportation Board on December 30, 2008.

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Condition: Excellent

A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.

Item ordered may not be exact piece shown. All original and authentic.
Price: $280.00