1880s St Louis Alton & Terre Haute Railroad - stock certificate

Description

For auction is an unissued stock certificate for the St. Louis, Alton & Terre Haute Railroad Company (SLA&TH). It is for 100 shares of 7% Preferred Capital Stock. The block on the form for the date indicates the year 188_, so it is from the late 1880s.
1880s St Louis Alton & Terre Haute Railroad - stock certificate
1880s St Louis Alton & Terre Haute Railroad - stock certificate
Click images to enlarge
Description
For auction is an
unissued stock certificate
for the
St. Louis, Alton & Terre Haute Railroad Company
(SLA&TH). It is
for 100 shares of 7% Preferred Capital Stock
.
The SLA&TH was
originally incorporated as the Terre Haute & Alton Railroad Company in January of 1851
. Work began in 1852, and the main line from Terre Haute to Alton was completed in 1856. The Belleville & Illinoistown branch (from Belleville to East St. Louis) was chartered in 1852, and completed between the points named in the title, in 1854. This corporation secured authority to construct an extension from Illinoistown (now East St. Louis) to Alton, which was completed in 1856, giving the first railroad connection between Alton & St. Louis. Simultaneously with this, these two roads were consolidated taking the name of the Terre Haute, Alton & St. Louis Railroad. Subsequently the road
had financial problems and was sold under foreclosure
and reorganized, in 1862, under the name of the St. Louis, Alton & Terre Haute Railroad. In, the main line was
leased for ninety-nine years to the Indianapolis & St. Louis Railway,
but the lease was subsequently broken by the insolvency of the lessee and some of the guarantors. The
Indianapolis & St. Louis went into the hands of a receiver in 1882, and was sold under foreclosure to the Cleveland, Cincinnati, Chicago & St. Louis Railway.
This certificate measures appx 16 1/2 x 7 inches and is printed on an onion-skin-type bond paper. The
block on the form for the date indicates the year 188_,
so it is from the late 1880s. The vignette at the top (3rd scan) shows livestock watching a train pass. There is interesting artwork at the bottom, also (4th scan), of a train entering a small community. It is in
excellent condition
, with no writing or markings, no rips or tears, no spills or smears.
These SLA&TH certificates are difficult to find, and someone will treasure this in his/her collection.
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