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Pittsburg, Shawmut and Northern Railroad Co. - $1,000 Bond - Railroad Bonds

Description: $1,000 4% Gold Bond printed by American Bank Note Company, New York. Almost 2 pages of coupons remain. The Pittsburg, Shawmut & Northern Railroad (reporting mark PSN) also known as the Shawmut Line, was a Class I railroad company operating passenger and freight service on standard gauge track in central Pennsylvania and western New York. The line was financially troubled for its entire life span and declared bankruptcy after just six years of operation. It would spend the remaining 42 year of its existence in receivership or trusteeship, one of the longest bankruptcy proceedings in American railroading history. The Pittsburg, Shawmut & Northern Railroad is often confused with the similarly named Pittsburg and Shawmut Railroad which was a spinoff company from the PS&N. Further adding to the confusion is the fact that both were nicknamed the Shawmut Line, both operated in roughly the same geographic area, and both used nearly identical logos during their history. In fact the two were completely separate companies after their 1916 split. The main line consisted of approximately 190 miles (306km) of track extending from Brockway, Pennsylvania to Wayland, New York with several branches, particularly Olean, New York to Prosser, New York (a location on the southeastern edge of South Valley, New York) and Moraine, New York (a location on the eastern edge of Canaseraga, New York) to Hornell, New York. Principal shops were divided between Angelica, New York (car shop, paint shop, maintenance of way) and St. Marys, Pennsylvania (motive power shop). Each shop burned and was rebuilt. The Pittsburg, Shawmut & Northern Railroad began life Item ordered may not be exact piece shown. All original and authentic.

Price: 222 USD

Location: Portsmouth, New Hampshire

End Time: 2024-09-30T14:32:48.000Z

Shipping Cost: 6.25 USD

Product Images

Pittsburg, Shawmut and Northern Railroad Co. - $1,000 Bond - Railroad Bonds

Item Specifics

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 30 Days

Refund will be given as: Money Back

Return policy details:

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