United New Jersey Railroad and Canal Co. - 1951 dated Railway Bond

$1,000 Bond. Engraved by American Bank Note Co. Some have coupons attached at right. The United New Jersey Railroad and Canal Company (UNJ&CC) originated from the significant Camden & Amboy Railroad (C&A), which traces its roots back to 1830, making it one of the earliest permanent railroads in North America. It was among the first common carrier transportation enterprises that focused primarily on providing fast passenger services, competing directly with stagecoaches between New York Harbor and Philadelphia-Trenton. Among the earliest chartered railroads, only the Mohawk and Hudson Railroad and the Baltimore and Ohio Railroad were established with a focus on passenger services. Following a series of mergers, the UNJ&CC became a subsidiary of the Pennsylvania Railroad (PRR) system in New Jersey in 1872, which included the acquisition of several predecessor companies and the PRR's main line to New York City, now part of Amtrak's Northeast Corridor.

Before 1872, its primary lines included the Camden and Amboy Rail Road and Transportation Company (C&A), recognized as the first railroad in New Jersey and one of the earliest in the United States. The Camden and Amboy was the first railroad designed primarily for passenger transport and the first to utilize steam locomotives, replacing animal-drawn vehicles on tracks. C&A was also responsible for the acquisition and operation of the John Bull, which is now recognized as the oldest surviving operable steam locomotive in the world, imported from Great Britain in 1831. Additionally, its operations contributed to the significant advancement of the iron T-rail type tracks, which became the global standard. The United Company also encompassed the Delaware and Raritan Canal, which initially served as a competitor to the C&A before becoming an ally.