Lehigh Valley Railroad Company - Gold Bond

Lehigh Valley Railroad Company - Gold Bond

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Lehigh Valley Railroad Company - Gold Bond

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Beautifully engraved certificate from the Lehigh Valley Railroad Company issued in 1938-1942. This historic document was printed by the American Banknote Company and has an ornate border around it with a vignette of men working in a train yard. This item is hand signed by the company’s president and secretary and is over 61 years old. Lehigh Valley Railroad Company's growth was based on hauling coal from the anthracite mines of northeastern Pennsylvania. Originally founded in 1846 as the Delaware, Lehigh, Schuylkill, and Susquehanna Railroad Company, it changed its name to Lehigh Valley in 1853. It acquired other small lines in Pennsylvania and New Jersey until it reached New York City in the east and Buffalo in the west, for a total length of about 1,400 miles (2,250 km). With the decline of anthracite as a heating fuel, the Lehigh entered upon bad years until by the end of the 1950s it was near bankruptcy. In 1962 the Pennsylvania Railroad Company purchased most of the Lehigh stock, but the line continued to decline and entered bankruptcy in 1970. Most of its assets were absorbed by the federally chartered Consolidated Rail Corporation in 1976.

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Item Details:

  • Reference #
  • lehvalrailco
  • Quantity
  • 1
  • Category
  • Coins & Currency
  • Department
  • Antiques
  • Year
  • See Description
  • Dimensions
  • Width: 0 inch
  • Height: 0 inch
  • Depth: 0 inch
  • Weight: 0 pound
  • Condition
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