Shop quickmenu

The Marietta, Pittsburg and Cleveland Railway Company, 7% Gold Bond, 1000 Dollars, 13 January 1873, signed by Cyrus W. Field.

Omschrijving

This history of this company begins with the incorporation of the Marietta and Pittsburg Railroad Company on September 29, 1868.On August 7, 1872, a supplemental certificate was filed for the building of five branches; one from Guernsey county to Richland county, to be known as the Northwest Extension; one from near Point Pleasant, in Guernsey county, to McConnellsville, in Morgan county, to be designated as the "McConnellsville Branch;" one from the main line in Washington county to the east line of Noble County, near the town of Stafford, in Monroe county, to be designated as the "Fast Fork Branch;" one near Dexter Station, in Noble county, to be designated "Dexter Coal Branch;" and one from the main line in Marietta through the city of Marietta to a connection with the Marietta and Cincinnati Railroad, in the town of Harmer, to be designated the "Marietta City Branch." None of these branches, except the last named, have been built. On December 6, 1873 the name of the company was changed by decree of the Common Pleas. Court of Washington county to Marietta, Pittsburg and Cleveland Railway Company. On August 5, 1875, the same was placed in the hands of a receiver by the Common Pleas Court of Guernsey county, Ohio. On June 13, 1877, the road and property were sold by the receiver by order of the courts and purchased by three trustees for the benefit of the bondholders. The deed was executed on the 12th of September, 1877. The trustees and bondholders agreed upon a plan of reorganization, and on. May 29, 1879, the Cleveland and Marietta Railroad Company was incorporated to take the title to the property. (Source: http://railsandtrails.com). Cyrus West Field was born in Stockbridge, Massachusetts, in 1909. After working for his brothers, Field started his first own business, a paper manufacturer, in 1840. He focussed completely on telegraphy after 1854. Together with other engineers he founded the Atlantic Telegraph Company in 1856. His goal was to install the first telegraph cable through the Atlantic Ocean. The company realised the goal in 1858. Field was also the major sponsor of the telegraph line through the Pacific Ocean via Hawaii to China and Japan in 1871.

Grade Omschrijving Prijs

Artikelnummer 2960OHMARI0001


Specificaties

Land: United States of America
Staat/Provincie: Ohio
Stad/Plaats: Marietta
Bedrijf/Uitgever: The Marietta, Pittsburg and Cleveland Railway Company
Soort effecten: 7% Gold Bond
Waarde: 1000 Dollars
Datum/Jaar: 13 Januari 1874
Lening: 7% Consolidated Mortgage Gold Loan 1874
Afmeting (LxH in mm): 275 x 418 mm
Opmerkingen: Signed by Cyrus W. Field. Only 15 pieces known according to the Coxrail catalogue.
Omschrijving

This history of this company begins with the incorporation of the Marietta and Pittsburg Railroad Company on September 29, 1868.On August 7, 1872, a supplemental certificate was filed for the building of five branches; one from Guernsey county to Richland county, to be known as the Northwest Extension; one from near Point Pleasant, in Guernsey county, to McConnellsville, in Morgan county, to be designated as the "McConnellsville Branch;" one from the main line in Washington county to the east line of Noble County, near the town of Stafford, in Monroe county, to be designated as the "Fast Fork Branch;" one near Dexter Station, in Noble county, to be designated "Dexter Coal Branch;" and one from the main line in Marietta through the city of Marietta to a connection with the Marietta and Cincinnati Railroad, in the town of Harmer, to be designated the "Marietta City Branch." None of these branches, except the last named, have been built. On December 6, 1873 the name of the company was changed by decree of the Common Pleas. Court of Washington county to Marietta, Pittsburg and Cleveland Railway Company. On August 5, 1875, the same was placed in the hands of a receiver by the Common Pleas Court of Guernsey county, Ohio. On June 13, 1877, the road and property were sold by the receiver by order of the courts and purchased by three trustees for the benefit of the bondholders. The deed was executed on the 12th of September, 1877. The trustees and bondholders agreed upon a plan of reorganization, and on. May 29, 1879, the Cleveland and Marietta Railroad Company was incorporated to take the title to the property. (Source: http://railsandtrails.com). Cyrus West Field was born in Stockbridge, Massachusetts, in 1909. After working for his brothers, Field started his first own business, a paper manufacturer, in 1840. He focussed completely on telegraphy after 1854. Together with other engineers he founded the Atlantic Telegraph Company in 1856. His goal was to install the first telegraph cable through the Atlantic Ocean. The company realised the goal in 1858. Field was also the major sponsor of the telegraph line through the Pacific Ocean via Hawaii to China and Japan in 1871.