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Panama Rail Road Company Stock Certificate (Used by SS Central America) [155364]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:50.00 USD Estimated At:100.00 - 150.00 USD
Panama Rail Road Company Stock Certificate (Used by SS Central America) [155364]
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No. 14489, issued for 88 shares to Louis McLane on March 22, 1867 in New York. Signed by the vice president Joy and treasurer Henry Smith. Pen and punch cancelled. Black print. 4.25 x 7.5" 25 cent adhesive revenue stamp with tied cancel. In 1847 a group of New York financiers organized the Panama Railroad Company. This company secured an exclusive concession from Colombia allowing construction of a crossing, which might be by road, rail, river, or a combination. After surveys, a railroad was chosen, and a new contract so specifying was obtained in 1850. The railroad track followed generally the line of the present canal. The first through train from the Atlantic to the Pacific side ran on the completed track on January 28,1855. This rail was used by the SS Central America.

Date: 1867
Country (if not USA): Panama
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