Cincinnati, Hamilton and Dayton Railroad Co. signed by Eugene Zimmerman - Stock for Sale

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Cincinnati, Hamilton and Dayton Railroad Co. signed by Eugene Zimmerman - Stock For Sale

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Cincinnati, Hamilton and Dayton Railroad Co. signed by Eugene Zimmerman - Stock :
$155.00

Power of Attorney for the annual meeting of the Cincinnati, Hamilton and Dayton Railroad Company signed by Eugene Zimmerman. An astute businessman, Zimmerman bought and sold properties for many years after the Civil War, selling his petroleum interests to the fledgling Standard Oil company in 1874. He entered the railroad business by constructing roads out of Cincinnati, eventually becoming President of the Cincinnati, Hamilton & Dayton Railroad. He later gained control of numerous other roads, including (in 1904) the Pere Marquette Railroad and the Chicago, Cincinnati & Louisville Railroad. In 1914 it was charged that Zimmerman and his associates had loaded the C.H.&D. with over $24 million in debt which, in a series of complex transactions, reputedly cost J.P. Morgan some $12 million, but Zimmerman died before he could respond to these allegations. The Cincinnati, Hamilton and Dayton Railroad (CH&D) was a railroad based in the U.S. state of Ohio that existed between its incorporation on March 2, 1846, and its acquisition by the Baltimore and Ohio Railroad in December 1917. (This railroad should not be confused with the Item ordered may not be exact piece shown. All original and authentic.