Junius S. Morgan - Cincinnati, Indianapolis, St. Louis and Chicago Railway - Rai for Sale

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Junius S. Morgan - Cincinnati, Indianapolis, St. Louis and Chicago Railway - Rai For Sale

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Junius S. Morgan - Cincinnati, Indianapolis, St. Louis and Chicago Railway - Rai:
$249.00

Junius S. Morgan (1813-1890), International Banker. Father of J. Pierpont Morgan. After business experience in Hartford and Boston, Junius became a partner (1854) in the London international banking firm of George Peabody & Co. On Peabody's retirement, 1864, Junius headed the firm under the name of J. S. Morgan & Co. until his own death. The remark "Never sell a bear on the United States" is attributed to him. 1887 Stock boldly issued to Junius S. Morgan (not signed). Stub at left border. Hole and stamp cancelled. Excellent Condition. Rare! The Cincinnati, Indianapolis, St. Louis and Chicago Railway (CISL&C) was a railroad in the United States. The CISL&C resulted from the 1880 corporate restructuring of the bankrupt Indianapolis, Cincinnati and Lafayette Railroad (IC&L). The CISL&C operated a railroad line from Cincinnati via Indianapolis to Lafayette, being the result of an 1867 merger of the Indianapolis and Cincinnati Railroad (I&C), the Lafayette and Indianapolis Railroad (L&I), and the Cincinnati and Indiana Railroad (C&I). The three predecessor companies had been founded in 1850, 1846, and 1861, respectively. The CISL&C controlled and operated numerous subsidiary railway companies operating smaller branch lines. These included: Cincinnati, Lafayette and Chicago Railroad, which ran from Templeton, Indiana, to Kenkakee, Illinois. Most notably, through service (1872) with the Illinois Central Railroad via Kankakee, Illinois, eventually became the only Amtrak service that utilized Item ordered may not be exact piece shown. All original and authentic.