Mahoning Coal Railroad Co. signed by H.B. Payne - Stock Certificate - Autographe for Sale

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Mahoning Coal Railroad Co. signed by H.B. Payne - Stock Certificate - Autographe For Sale

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Mahoning Coal Railroad Co. signed by H.B. Payne - Stock Certificate - Autographe:
$135.00

Unissued Stock signed by H. B. Payne as vice president. The Mahoning Coal Railroad (MCR) was a railroad line in the U.S. states of Ohio and Pennsylvania. Incorporated in 1871, it largely linked Youngstown, Ohio, with Andover, Ohio. It had a major branch into Sharon, Pennsylvania, and several small branches and spurs to coal mines and iron works along the Ohio-Pennsylvania border. The railroad leased itself to the Lake Shore and Michigan Southern Railway in 1873. The lease was assumed by the New York Central Railroad in 1914, when that company consolidated with the Lake Shore & Michigan Southern. The New York Central merged with the Pennsylvania Railroad in 1968 to create the Penn Central. Despite abandonment of much track, bankruptcy of the Penn Central in 1970 eventually caused the MCR\'s dissolution on January 7, 1982. The Mahoning Coal Railroad Company was incorporated in the states of Ohio and Pennsylvania on February 25, 1871, with a capital investment of $70,000 ($1,500,000 in 2019 dollars). The Cleveland-based company received a charter to build a line from Youngstown, Ohio, to Brookfield Township in Trumbull County, Ohio. On December 9, 1871, a supplement to the charter was obtained allowing the company to build a line from Liberty Township in Trumbull County, Ohio, to the Lake Shore and Michigan Southern Railway\'s Ashtabula Branch in Item ordered may not be exact piece shown. All original and authentic.