Canada Southern Railway, Signed by Cornelius Vanderbilt
SKU:
C000408
$250.00
$250.00
per item
Unissued Second Mortgage Bond $1000 signed by Cornelius Vanderbilt as Vice President. VF
The Canada Southern Railway was a railway in southwestern Ontario, Canada, founded on February 28, 1868. In 1874, CSR declared bankruptcy and within two years was taken over by the railroad magnate, Cornelius Vanderbilt, who owned the New York Central (NYC) as well as other railroads. Cornelius Vanderbilt (1843-1899), was a Philanthropist, Railroad Financier and the son of William H. Vanderbilt and the grandson of Commodore Cornelius Vanderbilt. The railway was leased to the Michigan Central Railroad for 99 years; in 1929 it was subleased to the New York Central Railroad for 999 years. Its successors Penn Central (formed 1968) and Conrail (formed 1976) later exercised control.
The Canada Southern Railway was a railway in southwestern Ontario, Canada, founded on February 28, 1868. In 1874, CSR declared bankruptcy and within two years was taken over by the railroad magnate, Cornelius Vanderbilt, who owned the New York Central (NYC) as well as other railroads. Cornelius Vanderbilt (1843-1899), was a Philanthropist, Railroad Financier and the son of William H. Vanderbilt and the grandson of Commodore Cornelius Vanderbilt. The railway was leased to the Michigan Central Railroad for 99 years; in 1929 it was subleased to the New York Central Railroad for 999 years. Its successors Penn Central (formed 1968) and Conrail (formed 1976) later exercised control.
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