-40%
Rainelle, WV- John Raine signed No.4 Loop & Lookout Railroad Stock Certificate
$ 57.55
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Description
The Loop and Lookout Railroad CompanyStock 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.