Steubenville and Indiana Railroad Co. - 1864 dated Stock Certificate - Railroad for Sale

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Steubenville and Indiana Railroad Co. - 1864 dated Stock Certificate - Railroad For Sale

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Steubenville and Indiana Railroad Co. - 1864 dated Stock Certificate - Railroad :
$179.00

Stock printed by Wm. Schuchman, Pittsburgh. Scarce! Bit of glue at left stub. Issued to J. Edgar Thomson, of Phil\'d. John Edgar Thomson (February 10, 1808 \" May 27, 1874) was an American civil engineer and industrialist. An entrepreneur best known for his leadership of the Pennsylvania Railroad (PRR) from 1852 until his death in 1874, Thomson made it the largest business enterprise in the world and a world-class model for technological and managerial innovation. The railroad\'s first chief engineer became its third president.His sober, technical, methodical, and non-ideological personality had an important influence on the Pennsylvania Railroad, which in the mid-19th century was on the technical cutting edge of rail development. The railroad was known for its conservatism and steady growth while avoiding financial risks. His Pennsylvania Railroad became the largest railroad in the world, with 6000 miles of track, and was notable for generating steady financial dividends, for high-quality construction, constantly improving equipment, technological advances (such as replacing wood with coal as locomotive fuel), and innovation in management techniques for a large complex organization. Read more at The Steubenville and Indiana Railroad was chartered February 24, 1848, in Ohio to build west from the Ohio River at Steubenville to the Indiana state line between Willshire and Fort Recovery, via Mt. Vernon. On March 12, 1849, it was authorized to build a bridge at Steubenville and a branch to Columbus. The first section opened December 22, 1853, from Steubenville west to Unionport. On February 2, 1854, an extension from Unionport west to Cadiz Junction opened; the branch to Cadiz opened June 12. Further extensions west from Cadiz Junction opened June 22 to Masterville, July 12 to Item ordered may not be exact piece shown. All original and authentic.