Hi Larry, I guess no one on this site besides you and me have anything of interest to post here, huh?
I thought others would have RR related items to display but I guess not.
My suggestion of a proper forum to share items like this went nowhere too.
That is an old Erie RR stock/bond certificate, is there a year dated on it?
Is that yours?
A copy and paste cut from an article,
In the 1920s the Van Sweringen brothers began buying Erie stock, seeing the road as a logical eastern extension of their Nickel Plate Road. By the time they were done, they owned more than 55 percent of Erie's stock along with their interests in the Chesapeake & Ohio Railway, and Hocking Valley Railway.
The Erie held its own against the Great Depression until January 18, 1938 when it entered bankruptcy. Its reorganization, accomplished in December 1941, included swapping high rent for lower interest payments, and purchase of subsidiaries and leased lines. To the surprise of many, Erie began paying dividends. Prosperity continued until the mid-1950s, but then began to decline.
The business recession that occurred in the 1950s led the Erie to explore the idea of doing business with the nearby Delaware, Lackawanna & Western Railroad (DL&W). Successful business consolidations led to merger talks; on 1960, the two railroads merged to create the Erie Lackawanna Railroad.
