4183

Two different Atlanta and Charlotte Air Line railroad Stocks

Currency:USD Category:Western Americana / Collectibles - Railroad Start Price:50.00 USD Estimated At:100.00 - 150.00 USD
Two different Atlanta and Charlotte Air Line railroad Stocks
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Same stock certificate, two decades apart in two different colors. 1) Brown. 1882. Number 735 fro 20 shares to Sherburne Waddell and George Campbell. Signed by CH Pierce(?) and S Winner(?). 2) Green. Number 659 for 100 shares to Henry M Alexander et al trustees in an insurance company. Both have heavy stamped and large diamond cancels. The Atlanta & Charlotte Air-Line Railway resulted from an 1877 reorganization of the Atlanta & Richmond Air-Line Railway. In 1881 the A&CAL was leased to the Richmond & Danville Railroad. In 1894, along with the R&D itself, it became a part of the Southern Railway. At the time, "Air-Line" referred to a direct route, or at least a route more direct than that of any competitor. (Al Adams Gold Rush Memorabilia Collection) Date: 1882, 1889 Location: Atlanta, Georgia HWAC# 58268