HUGO VAN DER MOLEN'S
Scripophily site
a collection of historic bonds and shares

USA: Railroads

(update September 24th 2015)

Dr. Hugo H. van der Molen - Wederikweg 114 - 9753 AE Haren, The Netherlands
Tel: +31 (0)50 534 8795; email: hugo@hugovandermolen.nl


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Literature:
Cox, Terry (2003), Collectible Stocks and Bonds of North American Railroads (2nd edition): guide with prices, 570 pages,  225 photos of certificates, 17.607 certificates listed; soft cover, not available here, but contact http://www.smytheonline.com


Alabama and Vicksburg Railway Company (The),blankette (may be even only a black and white copy of it), Mississippi, nice train vignette,23 Euro

Baltimore and Ohio Railrood Co., 1929, green, < 100 shares of $ 100, vignette of the first American train, Peter Cooper's Tom Thump, 43 Euro

Boston and Albany Rail Road Company, ocre, 1948 , 100 shares, very large vignette over entire share width: harbours with sail boats and cities and a railroad bridge with a train on it, 1 vignette of indian with bow and arrows, 1 vignette of 2 females, one of them symbolising justice, 23 Euro

Boston Elevated Railway Comp., green, 1921, 5 shares, beautiful vignette of the elevated train, hole cancellation through the vignette, (condition F), 23 Euro

Chicago and South Western Railroad Company (Atchison branch), first mortgage 30 year 7% gold bond, 1871 of $ 1000,-, very rare !, Size without coupons ca. 27 cm by 42 cm; Green figures of $1000, orange stamp mark, red seal mark, large vignette configuration: train on bridge and river boat, harbour of Liverpool and of San Francisco, Lithograpy: Henry Siebert & Brother, New York, 2 coupons were cut; conditio: as originally folded, no defects; uncancelled. Price: 350 Euro.
.Sehe Tekst in Deutsche Sprache.
.................................... See Text in English

Chicago, Milwaukee, St. Paul and Pacific Rail road Co., certificate of 10 ordinary shares without par value, issued in Amsterdam, 1928, brown/grey, 2 Euro

Chicago, Milwaukee, St. Paul and Pacific Rail road Co., certificate of 10 preferred shares of $100 = $ 1000, without par value, issued in Amsterdam, 1939, brown/blue, 23 euro

City of Bangor Loan to aid the construction of the Penobscot and Kennebec Rail Road, blankette, brown and red, 1855, bond of $ 500, small vignette: train, ship and plough, 57 Euro

Consolidated Railroads of Cuba
Ferrocariles Consolidados de Cuba
1936, 100 shares of 100 $, 6% cumulative preferred stock, issued in the USA; original signatures cancelled by small holes, 3 vignettes, one of a steam lock and 2 of agricultural scenes of harvesting tobacco and cane sugar, see picture, condition EF, price 35 Euro.

Delaware Lackawanna & Western Railroad Company (The),green 1952 , x shares;(corner torn off), 3 vignettes over whole breadth of the share: locomotive, coal mine and buildings and 3 mine workers. hole cancelled on signatures, 23 Euro

Delaware Lackawanna & Western Railroad Company (The), brown,1939 (hole from corner), 3 vignettes over whole breadth of the share: locomotive, coal mine and buildings and 3 mine workers. hole cancelled, 23 Euro

Erie-Lackawanna Railroad Company, red,1963, 100 shares,New York state, vignette: Mercurius and allegorical woman, standing, holding Erie lackawana logo, 16 Euro.

Erie Railbrood Co. blue, 1941, 100 shares, state of New York, vignette: Mercurius and allegorical woman, standing, holding Erie logo, 16 Euro.

Ferrocariles Nacionales de Mexico ; National Railways of Mexico
established in 1908; issued in the USA, but traded in the UK and the Netherlands; vignette of Porfirio Diaz, president of Mexico at the time, see picture,  10 shares of 100 $ US Gold each, second preferred stock, all with complete couponsheet, original signatures and UNCANCELLED, 1920, green border, only orange Dutch imprinted tax stamp; 25 Euro.



Galveston-Houston Company,
Incorporated  in 1936 under Delaware law, as a reorganisation of the former Galveston-Houston Electric Company (see further under that heading for their stocks !). Originally the company ran electric streetcars in Houston and Galveston and an interurban railway between these cities (see for history and photos of these streetcars the beautiful web site: http://members.iglou.com/baron). The company still exists A.D. 2002, but is now in a completely different business: manifacturing equipment for the mining and oil drilling industry (source: Steven M. Baron, Lexington, USA).
---------- 1930's, Common Stock Scrip, light blue border on blue,  28,5 by 20 cm,  price 100 Euro.
---------- 1930's, x shares, dark green border on green, 28 by 19,5 cm, ABNC, 25 Euro.
---------- 1940's, x shares of 5 $ each, orange border on orange, 28 by 20 cm, ABNC, 25 Euro.
---------- 1952, x shares, green border on green, 20,5 by 31 cm, corporate seal 1936, 25 Euro.
---------- 1950's, x shares, orange border on yellow field, corporate seal 1936,28 by 21 cm, 25 Euro.
---------- 1960's, x shares, green border on green, corporate seal 1936, 31 by 20,5 cm,  25 Euro.

Galveston-Houston Electric Company,
Incorporated in 1907 under laws of Maine, as a holding company in order to consolidate control and financing of three operating subsidiaries: the Houston Electric Co.(operating streetcars in Houston), the Galveston Electric Co. (operating streetcars in Galveston) and the Galveston-Houston Electric Railway Co. (operating the interurban railway between Houston and Galveston). See for history and photos of these streetcars the beautiful web site: http://members.iglou.com/baron
In 1936 the Galveston-Houston Electric Co. was reorganised as Galveston Houston Co. (see further under that heading for their stocks !). In that year the interurban stopped running. (Source: Steven M. Baron, Lexington, USA).
---------------------------- 1914, whole share warrant for common stock for x shares, 22 by 17,5 cm, green border on green, orange-black comoany logo, print ABNC, Boston, Stone  & Webster, Transfer Agents, only one piece available !, price 100 Euro.
---------------------------- 1914, certificate of subscription for x sharesof new common capital stock as evidenced by warrant no. ...; , black border on green, 22,5 by 18 cm., only one piece available !; price 100 Euro.
----------------------------print ABNC; vignette: elegant lady holding electricity in her hands, with black-red company logo.
---------- 1914, < 100 shares, olive border,  see picture , price 25 Euro.
---------- 1924-1929, 100 shares, brown border, 25 Euro.
---------- 1920s, < 100 preferred shares, orange border, 30 by 20 cm., 25 Euro
---------- 1926-1930, 100 shares, preferred stock, dark green border,  25 Euro.
--------------------------- print ABNC; vignette: elegant lady holding electricity in her hands, without company logo.
---------- 1910s, < 100 shares common stock, olive green border, 30 by 20 cm, 25 Euro.
---------- 1914-1930, 100 shares common stock, brown border, 21 by 30 cm, 25 Euro.
---------- 1907-1925, 100 shares, dark green, see picture,, ca. 20 by 30 cm, 25 Euro
---------- 1925, < 100 shares preferred stock, orange border, 30 by 20,5 cm., cancelled, 25 Euro
-------------------------- print: Franklin Lee Division - ABNC, vignette of an eagle, embossed company seal.
---------- 1937, x  shares preferred capital stock, blue border,  30 by 20 cm, vignette of an eagle, only one available !,  price 100 Euro.



Gulf, Mobile and Ohio Railroad Company, blue, 100 shares, 1950, 43 Euro
Beautiful vignette of train with factories, flanked by 2 bear breasted goddesses

Illinois Central Rairoad Coc., 1954, orange, 100 shares, facsimile signature of the president Wayne Johnston, 43 Euro.
Vignette: old and modern train, flanked by 2 muscular men.
In 1954 the company was recapitalised: 100$ common shares were changed to no par value and one additional share. In 1972 it merged into Illinois Central Industries Inc., each common share no par value being exchanged for 3 common no par shares.

Interborough-Metropolitan Company, New York 1909, in the name of Nederlandsch Administratie en Trust Kantoor, blue border, size 34 by 25 cms, not listed in Schabmayer 1998 catalogue,
Vignette of goddess with wings, pointing to a bright light and holding a train wheel with wings, one knee resting on a firm block. I suppose not goddess Fortuna, but the allegorical figure Virtue (Deugd), often depicted on a block as sign of steadfastness (standvastigheid), EF, uncancelled, 95 Euro.

Maine Central Rail Road, 5 1/8% bond, 1953, green, vignette: train and 3 allegorical figures, 23 Euro

Maine Central Railroad Co., debenditure, 1978 (green) , 23 Euro

New York Central Railroad Comp. (The), blue 1940, vignette: Commodore Cornelius VanderBilt, 23 Euro

New York Central Railroad Comp. (The), brown , < 100 shares, vignette: Commodore Cornelius VanderBilt,1945, f 25; 1937: 16 Euro

New York Central Railroad Comp. (The), blue, 1940, vignette: Commodore Cornelius VanderBilt,1945, f 25; 1937: 16 Euro

New York, Chicago and St. Louis Railroad Comp. (The), 1947, green, no vignette, 7 Euro

New York, Chicago and St. Louis Railroad Comp. (The), 1956, 100sh, (olive), vignette: 2 allegorical figures and Logo "Nickle Plate Road", 13 Euro

Norfolk Southern Railroad Co., Virginia, USA
1912, brown, < 100 sh. of 100 $ each; vignette: train on bridge in woods; Inern. Banknote Co.; Inc. under laws of Virginia; 45 Euro

North American Company (The), new York, 1892, brown/black, x shares, cancelled with holes and pink and blue stamps (but not through pictures), 43 Euro.
2 vignettes: eagle holding shield and arrows and a train lock.

Pennsylvania Railroad Comp. (The),
----------- orange 1951, < 100 shares, vignette 2 black horses flanking a coat of arms and text:"virtue, liberty and independance", 1939: 12 Euro
-----------  green, 1951, 100 shares, vignette 2 black horses flanking a coat of arms and text:"virtue, liberty and independance", 9 Euro
----------- orange, < 100 shares, vignette of 2 very long trains in a horseshoe bend, 1960, EF, unfolded, 10 Euro.

Penobscot and Kennebec RR Co. (= city of Bangor Loan), blankette, brown and red, 1855, bond of $ 500, small vignette: train, ship and plough, 57 Euro

Pittsburg and Lake Erie Railroad Corp (The), 1972 (blue)

Pittsburgh, Fort Wayne and Chcago Railway Comp., green 1970, 23 Euro
Vignett of train, station with passengers and landmarkers with equipment, VF, but a few rust stains and figures stamped over the vignette.

Pittsburgh, Fort Wayne and Chcago Railway

Pittsburgh and Lake Erie Rail Road Comp. (The), groen 1942 (with black train stamping), 23 Euro

Pittsburgh and Lake Erie Rail Road Comp. (The), green, 1935, x shares, (without train stamping), 34 Euro

Pittsburgh and Lake Erie Rail Road Comp. (The), blue, 1972, x shares (with black train stamping), 23 Euro

Reading Comp., ( stocks between 1961 and 1967): large vignette: train, factory, god Minerva and another god, green, < 100 shares, f 50 = 23 Euro

Reading Comp., 1957 (green), vignette: large railway station building with coaches, < 100 shares, 57 Euro

Reading Comp., 100 shares, 1969, red border, vignette: train and factory, flanked by god Hermes and muscled man, 23 Euro

(The) Rock Island Co., certificate of $ 1000, issued in Amsterdam, 1911, rosa/black, border of "music notes", 16 Euro

Seatrain Lines, Inc, green, 1955, < 100 shares, vignettes of the god Merure, a steam loc and a cargo ship wit cranes, 43 Euro

Seatrain Lines, Inc, blue, ca. 1970, 100 shares, vignette of man with 2 globes,  23 Euro

Seatrain Lines, Inc, green,  19??, <100 shares, vignette of man with 2 globes, UNC, blankette,  23 Euro

Seatrain Lines, Inc, ocre,  19??, x shares, vignette of man with 2 globes, UNC, blankette,  23 Euro

St. Louis-San Francisco Raiway Co.
certificate of $ 1000 ordinary shares (= 10 ordinary shares of $ 100), issued in Amsterdam in 1929 by the Amsterdamsch Administratiekantoor van Amerikaanse Waarden (Amsterdam Administration Office of American Values), print: J.H. de Bussy, Amsterdam, size: 25 by 17 cm., blue decorative border, large printed orange tax seal, price 50 Euro

Vandalia Railroad Company, incorporated by the states of Indiana and Illinois, 100 shares, orange, 1905 and 1911
Large vignette (20 by 8,5 cm) with at the centre a loc, at the right a lady and at the left a Vandal-warrior with sword and helmet. See picture.  and/or text with a short history of the infamous Vandal people,  who are still remembered by the word "vandalism".
All pieces are glued to the company book sheet with the same certificate no.
-- 1905, company book sheet glued under the share certificate no.4, therefore the only one where the complete certificate is visible, f 300 = 140 Euro.
From the other certificates the left border is (partly) covered by the company book sheet.
--  1905, very clean, f 200  90 Euro
--  1911, lower border less clean,  70 Euro

Western Pacific Railroad Co., 4½ % debenditure, 1950 (blue), vignette: diesel lock + 2 allegorical figures, 18 Euro



Vereenigd Bezit van Amerikaansche Fondsen
(Eng: United Ownership of American Funds).
Established in Amsterdam in 1887, it was under administration of the Maatschappij tot Beheer van het Administratiekantoor van Amerikaanse Fondsen, opgericht door Broes & Gosman, Ten Have & van Essen en Jarman & Zoonen, te Amsterdam (management company of the administration office of American Funds, established by Broes....etc.). The fund held stocks in 21 US companies, mainly railroads.
"Bewijs van deelgerechtigdheid" (French: action de jouissance; Eng: right to a share). These gave no dividends, but after the time that all participatin certificates would have been drawn, these "rights to a share" would serve again as normal participation certificates, sharing in dividends and the drawing scheme. Read more about this investment fund with lottery character............. and proof of the low numbers issued of these stocks.
Typography: de Brakke Grond, Amsterdam.
--------- Bewijs van deelgerechtigdheid, issued when a certificat of f 1000 was drawn,  brown border and characters on beige, original signatures, blue tax stamp, dated 1900, in lower border 2 tiny hardly visible tears were professionally taped, VF, but very nice, price f 1100 = 500 Euro
--------- Bewijs van deelgerechtigdheid, issued when a certificat of f 500 was drawn, dated 1902, black border and characters on yellow field, original signatures, blue tax stamp, in left and right upper corners several small staple holes and 2 faint paperclip rust stains,  number actually issued much less than 500, VF, but not bad at all, price 500 Euro.

For international railroads, see other pages or click below for some nice pictures


Compagnie des Chemins de Fer Katanga-Dilolo-Leopoldville, en abrege "K.D.L.", siege social Elisabethville, siege administratif Bruxelles, action de 500 Fr, serie A (rouge), 1952, EF, nice trainvignette,  9 Euro
Dutch Indies Railroad Company = Nederlandsch-Indische Spoorweg-Maatschappij, share of DGL 1000, The Hague, 9-3-1920, price f 25 = 11 Euro. see picture of large loc with tender wagon
See text about the company

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