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Br 530. Montreal & Lachine Railroad Company.

Currency:CAD Category:Coins & Paper Money / World Coins - Canada Start Price:600.00 CAD Estimated At:1,200.00 - 1,500.00 CAD
Br 530. Montreal & Lachine Railroad Company.
SOLD
825.00CAD+ buyer's premium
This item SOLD at 2016 Jul 20 @ 21:19UTC-4 : AST/EDT


Buyer’s Premiums will be added on all items as per the Terms & Conditions of the sale. Invoices will be emailed out following the RCNA Convention. Visit gbellauctions.com to view a digital copy of the catalogue for this sale.
Br 530. Montreal & Lachine Railroad Company. - With X scratch in field, below "T", which should not be considered damage, as virtually 50% of the "Lachines" seen have this mark in the same area. CH-TR-3. ICCS AU-50.

The railroad was the brainchild of James Ferrier, who became its first President. One of the two locomotives was named the James Ferrier. He was also Mayor of Montreal in 1845 & '46, and father of noted numismatist, James Ferrier, Jr. whose collection was catalogued by Sandham and sold by Cogan in 1871. This son, a virtual partner of his father, was also a founder of the Numismatic Society of Montreal in December, 1862. Sir George Simpson, Governor of the Hudson's Bay Company was, not surprisingly, a Director of the railroad. Barry Uman's article in The Fare Box, Nov., 1977, republished in Atwood's volume is a good one. The following extract from another article on the M & L was published in Canadian Rail, issue No. 177, May, 1966. In describing the grand opening, Robert G. Bales writes: The official opening of the Montreal & Lachine Rail-Road took place on Friday, November 19th, 1847. At one o'clock, a train, carrying the Governor-General, Lord Elgin; the Hon. Louis-Joseph Papineau, and an influential party of directors, shareholders and politicians, left Bonaventure Station. The train went the eight miles to Lachine in twenty minutes, travelling at the rate of twenty-five miles per hour ... The Montreal & Lachine Railroad was leased to the Grand Trunk Railway in 1854, and sold to them in 1872. Fifty-five ride monthly commutation tickets replaced the old tokens as witnessed by an example dated October 23, 1918.

Note: this lot is part of The Richard Cooper Collection.