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Albany & Susquehanna Railroad 1866 Pass

Currency:USD Category:Western Americana / Collectibles - Railroad Start Price:25.00 USD Estimated At:50.00 - 100.00 USD
Albany & Susquehanna Railroad 1866 Pass
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Issued to the Honorable Adam H Kline, Senator, and family. Issued by JH Ramsey. By 1876 he would be president of the New York & Albany Railroad. Some light staining. Corners are slightly rounded. Back has paper from an album still attached. The A&S RR ran from Albany to Binghamton, New York, operating 1851 to 1870. One of the greatest railroad episodes took place with this line in 1869 (three years after this pass). that includes president Ramsey, Jay Gould and John Pierpont Morgan! (read below or online)



Jay Gould and Jim Fisk began to buy up shares in A&S, aiming to accumulate a controlling interest and install their own people to the board and take over. A&S president Joseph H. Ramsey reacted by issuing to his supporters thousands of shares that had been sitting on the company's books. Ramsey then had the books spirited from his office and buried in the Albany Cemetery. Incensed, Gould and Fisk had him suspended as president of the A&S by a judge they controlled on the New York State Supreme Court, George G. Barnard. Fisk eventually stormed the office of the A&S with a restraining order signed by Judge Barnard and a few thugs thugs. They took over the A&S station at Binghamton, stole a train, and set off down the line to Albany, seizing stations as they went. A&S men flipped a switch to derail the cars. Fisk and his recruits met their adversaries, the men of the A&S, in a tunnel near Harpursville, where they attacked each other with all manner of weapons until the governor ordered state militia to take charge of the road. John Pierpont Morgan also enters into this story. Well worth the read! Date: Location: New York HWAC # 53561