1961 NewYork Central Railroad Co. Stock Certificate Cornelius Vanderbilt Kotlove

Description

PLEASE, ONLY BIDDERS WITH A US-BASED MAILING ADDRESS.
Historic stock certificate with Cornelius Vanderbilt's portrait engraved at top.
Company: The New York Central Railroad Company.
Owner:
100 shares to Murray & Beverly Kotlove.
Date: Jan 31, 1961.
History:
The railroad was established in 1853, consolidating several existing railroad companies. In 1968, the NYC merged with its former rival, the Pennsylvania Railroad, to form Penn Central. Penn Central went bankrupt in 1970 and merged into Conrail in 1976. Conrail was broken up in 1998, and portions of its system were transferred to CSX and Norfolk Southern Railway, with CSX acquiring most of the old New York Central trackage.
Cornelius Vanderbilt (May 27, 1794 – January 4, 1877) was an American business magnate who built his wealth in railroads and shipping. After working with his father's business, Vanderbilt worked his way into leadership positions in the inland water trade and invested in the rapidly growing railroad industry. Nicknamed "The Commodore", he is known for owning the New York Central Railroad. His biographer T. J. Stiles says, "He vastly improved and expanded the nation's transportation infrastructure, contributing to a transformation of the very geography of the United States. He embraced new technologies and new forms of business organization, and used them to compete....He helped to create the corporate economy that would define the United States into the 21st century."
As one of the richest Americans in history and wealthiest figures overall, Vanderbilt was the patriarch of the wealthy and influential Vanderbilt family. He provided the initial gift to found Vanderbilt University in Nashville, Tennessee. According to historian H. Roger Grant: "Contemporaries, too, often hated or feared Vanderbilt or at least considered him an unmannered brute. While Vanderbilt could be a rascal, combative and cunning, he was much more a builder than a wrecker [...] being honorable, shrewd, and hard-working."
Most all checks bonds and stock certificates have been cancelled, so will have staple holes, cancellation holes, ink stamps or other types of cancellations and
notations. Often they have been folded.
Scan is of similar
item for sale
, only difference is the serial number. Don't miss out!
I have a number of other beautiful postal items, financial documents, banknotes and stock and bond certificates, as well as other historic items currently listed on eBay, so please see my other auctions.
Terms
1) I only wish to sell to people who have a US mailing address. I have been selling for years and to avoid problems, I now send all items insured or at least with a tracking number. The cost of this is included in the total s/h cost of listed in the ordering information. In many cases the cost of postage and insurance exceeds that cost, but it is easier to do it that way and it keeps the cost down for the buyer.
2) I charge generally on weight, so heavier items will have a higher s/h cost. I combine postage, so multiple items will be sent together for the higher of the shipping prices quoted. (For example, if you win a banknote with a .50 stated s/h rate and a heavier coin set with a .50 quoted s/h rate, they will be sent together and your total s/h would be .50. Books will likely be sent media rate and may have to be sent separately from non-book items. Ask if you have questions on shipping)
3) Please pay via PAYPAL.