1860 Providence and Worcester Railroad Company Stock Certificate

Description

1860 Providence and Worcester Railroad Company Stock Certificate
1860 Providence and Worcester Railroad Company Stock Certificate
w482
State - Rhode Island
Color - Blue Paper
Size - 8 in x 7 in
Railroad Stock. No vignette but printed on blue paper. A rather rare railroad!!! Please look at photo's for condition.
A little History:
The P&W was incorporated in Massachusetts as the Providence and Worcester Railway on March 12, 1844, and as the Providence and Worcester Railroad in Rhode Island in May 1844. The two companies were merged November 25, 1845 as the Providence and Worcester Railroad. The company bought the Blackstone Canal, also running between Providence and Worcester, and began construction, partly on its banks, in 1845. The line opened in two sections, the part south of Millville on September 27, 1847, and the rest on October 20. The line from Providence to Central Falls was shared with the Boston and Providence Railroad, which at the same time built a connection from its old line (ending in East Providence) over to the P&W.
On July 1, 1892, the New York, New Haven and Hartford Railroad leased the P&W for 99 years. The New Haven merged into Penn Central on January 1, 1969. On April 6, 1970 the P&W announced its intention to separate from the merger. After a legal battle, the Interstate Commerce Commision approved the request on August 25, 1972, and on November 2, Penn Central signed the agreement effective December 30. The P&W cancelled the lease on February 3, 1973. Since then, the P&W has taken over many other lines from the former Penn Central and Boston and Maine Railroad.
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