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1899 B&O Railroad Preferred Stock Trust Certificate- 3 Revenue Stamps
1899 B&O Railroad Preferred Stock Trust Certificate- 3 Revenue Stamps

1899 B&O Railroad Preferred Stock Trust Certificate- 3 Revenue Stamps

$ 5.8

Availability: 100 in stock
  • Return shipping will be paid by: Buyer
  • All returns accepted: Returns Accepted
  • Refund will be given as: Money Back
  • Circulated/Uncirculated: Circulated
  • Restocking Fee: No
  • Item must be returned within: 14 Days
  • Country/Region of Manufacture: United States

    Description

    The Baltimore & Ohio Railroad Company
    Baltimore and Ohio Railroad Preferred Stock Trust Certificate No. 2847 for 100
    shares issued to R M Lowitz on
    May 31, 1899
    ,
    Green
    Certificate
    with ornate border and black , green and white print.
    Vignette of steam locomotive with Engineer at controls in window of cab on upper left side of certificate.
    Certificate shows that it was canceled on July 15, 1899
    .
    The Baltimore and Ohio Railroad pioneered the concept of the common carrier railroad in 1827.
    The B&O was chartered in 1827, and construction on the main line began the next year. The first tickets for passenger excursions were sold in 1829, and the twenty-one kilometer (thirteen-mile) line from Baltimore to Ellicott Mills opened in 1830. Regular service was provided using horses for motive power, but by 1831, steam locomotives took over passenger trains, and horses were completely eliminated from freight service within the next few years. The Baltimore & Ohio was the first common carrier railroad chartered in the United States. It wasn’t the first in the world; that accolade belongs to the Stockton & Darlington and Manchester & Liverpool, both English, in 1825. The B&O sent its first engineers and financiers across the Atlantic to inspect and learn from these pioneer railways to learn the latest technology. The railroad was conceived as a means to capture western trade for the port of Baltimore.