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Rainelle, WV- John Raine signed No.4  Loop & Lookout Railroad Stock Certificate

$ 57.55

Availability: 100 in stock
  • Restocking Fee: No
  • Year: 1911
  • Modified Item: No
  • Refund will be given as: Money Back
  • Country/Region of Manufacture: United States
  • All returns accepted: Returns Accepted
  • Condition: Used
  • Return shipping will be paid by: Buyer
  • Item must be returned within: 14 Days

    Description

    The Loop and Lookout Railroad Company
    Stock Certificate No.
    4
    of
    The Loop & Lookout Railroad Company
    was issued May 20, 1911 to
    John Raine
    for
    1 share
    of the Capital Stock of the Company. The certificate has a vignette of steam engine exiting tunnel and an embossed corporate seal indicating the Company was incorporated August 17, 1907.
    J
    ohn Raine was Treasurer of the Company and signed the certificate on behalf of the Company. The Company was founded and operated by
    John Raine and his brother Thomas Raine who was President of the Company. The Town o
    f
    Rainelle, WV. is named for the Raine brothers. The brothers operated Meadow River Lumber Company, the largest hardwood lumber mill in the world during its time with resources supplied by approximately 100,000 acres of timber land owned by the brothers.
    The Loop & Lookout was located at
    Rainelle, Greenbrier County, West Virginia
    . Incorporated in West Virginia
    on August
    17, 1907 as
    Loop and Lookout Railroad Company
    although stock certificates indicate
    The
    Loop and Lookout Railroad Company.
    Initial construction of the railroad
    was from Dyer to Burdette Creek.
    Operation begun by Meadow River Lumber Company (1911). Construction of railroad from Burdette Creek to Wilderness, West Virginia (1915). Lease and operation began by Sewell Valley and Ohio Railway Company (1916).
    Conveyed by deed to The Nicholas, Fayette and Greenbrier Railroad Company (NF&G) in (1931).  NF&G was jointly owned by The Chesapeake and Ohio and New York Central.