759

Toronto Hamilton & Buffalo Railway Co. Stock Certificate, $1,000

Currency:CAD Category:Coins & Paper Money Start Price:40.00 CAD Estimated At:80.00 - 150.00 CAD
Toronto Hamilton & Buffalo Railway Co. Stock Certificate, $1,000
SOLD
60.00CAD+ (12.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Oct 02 @ 18:30UTC-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 after The Toronto Coin Expo.

4 1/2% Bond, Brown ND, Unis sued, Vignette of train. VF folded. #M77. Seldom seen from this little known railroad! Formed in 1884 and re-organized in 1892. Its mandate was to build a railway from Toronto to Buffalo NY via Hamilton and the International Bridge at Niagara Falls. The company started business by acquiring a rail line from Waterford, ON to Brantford, ON (later expanded to Hamilton, ON). It ultimately expanded to Welland ON with branches added connecting Port Maitland and Port Colborne to the rail system. All in all, the system was about 177km. Jointly owned by both Canadian Pacific RR and the New York Central RR. Although the original mandate was not achieved, THB simply used the parent companies rails to connect Toronto to Hamilton and Welland to Buffalo. CP gained 100% control in 1976. Merged with CP in 1987 and then dissolved.