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Indianapolis Southern Railroad Co. - Unissued Railway Stock Certificate - Indian

Description: Unissued Stock. Starting in 1847, the city of Indianapolis had been a railroad center. With the opening of the first line on 1 October 1847 (the Madison & Indianapolis), the number of railroads just grew. Before the end of the 19th Century, Indianapolis had many railroad lines going in every direction. Except due south. That would change in the early 20th Century when the last railroad line to be built to the Hoosier capital was completed. That railroad was authorized to enter the city as the Indianapolis Southern Railway. The Indianapolis Southern Railway was organized under the general laws of Indiana on 16 August 1899. The idea was to connect Indianapolis to the coal fields in the Greene County, Indiana, area and to Effingham, Illinois. While coal from the Greene County area was already arriving in Indianapolis via two lines of the Vandalia (the main Terre Haute line and the Vincennes line), the idea was that having more access to coal would drive the cost down. It also didnt hurt that the franchise that was granted stipulated that there would be no more than 1/2 cent per ton-mile for coal transportation to Indianapolis. It wasnt until 11 April 1902 that an ordinance allowing the Indianapolis Southern Railway into Indianapolis was approved. AN ORDINANCE ratifying, confirming and approving a certain contract and agreement made and entered into on the seventeenth day of March, 1902, between the City of Indianapolis, by and through it Board of Public Works, and the Indianapolis Southern Railway. The ordinance specifically mentions the several streets, alleys and public places that the railroad was allowed to build their route. The original route was described as follows: beginning on the south line of Southern Avenue, running thence northwardly, crossing said Southern avenue about ten (10) feet east of its intersection with the east line of Ruecker street (Southern avenue being the south line of the city limits of the City of Indianapolis), and running thence northwardly to a point where such line intersects Pogues Run at about the south line of Wisconsin street in the said City of Indianapolis; thence following along the line of Pogues Run from the south line of Wisconsin street to Merrill street, and thence continuing northward to South street and crossing South street at a point 130 feet east of the intersection of the south line of South street and the east line of Missouri street. The ordinance goes on to describe how it is to connect to the Indianapolis Union tracks at South Capitol avenue. Read more at https://intransporthistory.home.blog/2019/03/25/indianapolis-southern-railway/ Item ordered may not be exact piece shown. All original and authentic.

Price: 65 USD

Location: Portsmouth, New Hampshire

End Time: 2024-02-29T16:30:19.000Z

Shipping Cost: 6.25 USD

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Indianapolis Southern Railroad Co. - Unissued Railway Stock Certificate - Indian

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Restocking Fee: No

Return shipping will be paid by: Buyer

All returns accepted: Returns Accepted

Item must be returned within: 30 Days

Refund will be given as: Money Back

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