Chicago, Milwaukee and Gary Railway Company Stock Certificate

Description

Chicago, Milwaukee and Gary Railway Company Stock Certificate
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The Illinois, Iowa & Minnesota Railway was created in 1904 and built a line north from a connection with the Milwaukee Road at Delmar that ended at East Joliet. In 1905, a second line was built from Aurora to Rockford. The construction of this line sparked a protest among residents in Rockford because of increased railroad tariffs imposed to support it; at the time, there was already more than one railroad operating between Rockford and Chicago, and the residents felt yet another railroad line was unnecessary.
The two lines of the II&M were separated between East Joliet and Aurora, so trackage rights were sought between these two points on the EJ&E, thus giving the II&M a whole route that ran in a generally northwest-southeast direction. In 1908, the II&M was renamed the Chicago, Milwaukee & Gary Railway (which is a misnomer, since the railroad never actually visited any of its namesake towns). The CM&G was leased to the Milwaukee Road in 1922, who purchased the entire railroad outright in May of 1930.
Frequently Asked Questions:
Is the certificate in this listing, the exact piece I will receive?
For this listing - no, t
he images are representative. We do this when multiple quantities are being offfered. You will receive a certificate in similar condition; however dating, denomination, certificate number and issuance details may vary.
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