Archives International Auctions Auction 91 January 23, 2024

Archives International Auctions - Sale 91 128 January 23, 2024 Archives International Auctions www.archivesinternational.com 542 542 New York, Albany and Buffalo Railroad Co., 1879, Unique Approval Proof Stock Certificate New York, 1879. Odd Shares, Proof Capital Stock Certificate, Black with brown border, Locomotive waiting at station at top, Archival notations in blue and red cover certificate, VF to XF condition, Similar to the pictured certificate in Cox, but this is an earlier version with the date “18xx” instead of the date “188x”. ABNC. ������������������������������������������������������������������������������������������ Est. $150-300 543 543 Staten Island Horse Railroad Co., 1867, I/U Stock Certificate. New York, 1867. 50 Shares Capital Stock I/U Stock Certificate, Black on off white paper with horse drawn street car in middle and Allegorical Liberty at lower right, 25 Cent Revenue stamp at lower left, S/N 72, Choice Fine to VF condition with a small stain on the lower left border and small faults with archivally reinforced vertical folds. Lith. of Henry Seibert & Bros. �������������������������������������������������������������������������������������������������������� Est. $250-500 New York and New Jersey 544 544 NewYork, West Shore & Buffalo Railway Co, 1881 Specimen 5% Coupon Bond, VF ABNC Rare bond unknown issued or Specimen until this example. Rare and very attractive bond. ABNC. NY, New York, New York and New Jersey. 1881. West Shore & Buffalo Railway Co, $1000, Specimen 5% Coupon Bond, VF ABNC, The New York, West Shore, and Buffalo Railroad was created in 1882 to build a line from Weehawken, NJ to Buffalo, NY. It was built to directly compete with the New York Central as it tracks virtually paralleled the Central’s all the way to Buffalo. The name was derived from the location of the initial right of way on the West Shore of the Hudson River. The West Shore reached Buffalo around 1884. This event precipitated a shipping rate war with the New York Central. The New York Central had been forced to acquire the Nickel Plate as its parallel line along the Central’s Lake Shore route threatened to be too competitive for the wily Vanderbilts. When the West Shore did the same thing on the remainder of the Central’s New York to Chicago route the Central had no choice, but to batter them into submission financially. The West Shore soon went bankrupt and the NYC’s deep pockets were barely dented. In 1885 the West Shore was reorganized as the West Shore Railroad, a wholly owned subsidiary of the New York Central lines. It operated in this capacity until 1952 when the West Shore was formally merged into the New York Central. Quite a bit of the old West Shore still exists today and is used by CSX, the successor to Conrail, Penn Central and the New York Central. It is CSX’ primary freight route north from New York City on the west shore of the Hudson river. Pieces in central New York including most of the line between Utica, through Syracuse to Rochester exist as bypasses or connections and the old West Shore East Buffalo Yard is now a part of CSX’ Frontier Yard. Splits at horizontal folds archivally reinforced and repaired. Rare bond that will be impossible to improve upon. �������� Est. $75-150