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Atchison, Topeka and Santa Fe Railroad Company
Atchison, Topeka and Santa Fe Railroad Company
[18940009]
32.00GBP
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  Atchison, Topeka and Santa Fe Railroad Company - (pdf)

Atchison, Topeka and Santa Fe Railroad Company


Certificate: Income Gold Bond, $100

Dated: 1st September 1894 - Atchison, Topeka & Santa F� - United States
Signature: hand signed
Measure: 10.2" x 7.3"
Coupons: no
Edition: -
Category: Railroads

Condition: VF+



The Atchison, Topeka and Santa Fe Railway (reporting mark ATSF), often abbreviated as Santa Fe, was one of the larger railroads in the United States. The company was first chartered in February 1859. Although the railway was named in part for the capital of New Mexico, its main line never reached there as the terrain made it too difficult to lay the necessary tracks (Santa Fe was ultimately served by a branch line from Lamy, New Mexico). The Santa Fe's first tracks reached the Kansas/Colorado state line in 1873, and connected to Pueblo, Colorado in 1876. In order to help fuel the railroad's profitability, the Santa Fe set up real estate offices and sold farm land from the land grants that the railroad was awarded by Congress; these new farms would create a demand for transportation (both freight and passenger service) that was offered by the Santa Fe.

Ever the innovator, Santa Fe was one of the pioneers in intermodal freight service, an enterprise that (at one time or another) included a tugboat fleet and an airline, the short-lived Santa Fe Skyway. A bus line allowed the company to extend passenger transportation service to areas not accessible by rail, and ferry boats on the San Francisco Bay allowed travellers to complete their westward journeys all the way to the Pacific Ocean. The Atchison, Topeka and Santa Fe Railway officially ceased operations on December 31, 1996 when it merged with the Burlington Northern Railroad to form the Burlington Northern and Santa Fe Railway.

The railroad's charter, written single-handedly by Cyrus K. Holliday in January 1859, was approved by the state's governor on February 11 of that year as the Atchison and Topeka Railroad Company for the purpose of building a rail line from Topeka, Kansas, to Santa Fe, New Mexico, and then on to the Gulf of Mexico. On May 3, 1863, two years after Kansas gained statehood, the railroad changed names to more closely match the aspirations of its founder to the Atchison, Topeka and Santa Fe Railroad. The railroad broke ground in Topeka on October 30, 1868 and started building westward where one of the first construction tasks was to cross the Kaw River. The first section of track opened on April 26, 1869 (less than a month prior to completion of the First Transcontinental Railroad) with special trains between Topeka and Pauline. The distance was only 6 miles (10 km), but the Wakarusa Creek Picnic Special train took passengers over the route for celebration in Pauline.

Crews continued working westward, reaching Dodge City on September 5, 1872. With this connection, the Santa Fe was able to compete for cattle transportation with the Kansas Pacific Railway. Construction continued, and the Santa Fe opened the last section of track between Topeka and the Colorado/Kansas border on December 23, 1873. The Santa Fe's tracks reached Pueblo, Colorado on March 1, 1876. Serving Pueblo opened a number of new freight opportunities for the railroad as it now could haul coal from Colorado eastward.

Building across Kansas and eastern Colorado may have been technologically simple as there weren't many large natural obstacles in the way (certainly not as many as the railroad was about to encounter further west), but the Santa Fe found it almost economically impossible because of the sparse population in the area. To combat this problem, the Santa Fe set up real estate offices in the area and vigorously promoted settlement across Kansas on the land that was granted to the railroad by Congress in 1863. The Santa Fe offered discounted passenger fares to anyone who travelled west on the railroad to inspect the land; if the land was subsequently purchased by the traveller, the railroad applied the passenger's ticket price toward the sale of the land. Now that the railroad had built across the plains and had a customer base providing income for the firm, it was time to turn its attention toward the difficult terrain of the Rocky Mountains.

Crossing the Rockies
The D&RG mainline through the Royal Gorge in 1881.Leadville was the most productive of all of the Colorado mining regions. Mining in the area began in 1859, first for gold and then two decades later for silver. Several of the Santa Fe's board of directors (along with President Strong) sought to capitalize on the need to supply the mining towns of Colorado and northern New Mexico with food, equipment, and other supplies. To that end, Santa Fe sought to extend its route westward from Pueblo along the Arkansas River, and through the Royal Gorge in 1877. Royal Gorge was a bottleneck along the Arkansas too narrow for both the Santa Fe and the Denver and Rio Grande Western Railroad to pass through, and there was no other reasonable access to the South Park area; thus, a race ensued to build rail access through the Gorge. Physical confrontations led to two years of armed conflict, essentially low-level guerrilla warfare between the two companies that came to be known as the Royal Gorge Railroad War. Federal intervention prompted an out-of-court settlement on February 2, 1880 in the form of the so-called "Treaty of Boston" wherein the D&RG was allowed to complete its line and lease it for use by the Santa Fe. The D&RG paid an estimated $1.4 million to Santa Fe for its work within the Gorge and agreed not to extend its line to Santa Fe, while the AT&SF agreed to forgo its planned routes to Denver and Leadville.

Also looking to the south, an initial outlay of $20,000 was authorized on February 26, 1878 for the construction of a rail line south from Trinidad in order to "..seize and hold Raton Pass." The location of the route was nearly as crucial to the venture's success as was the actual track construction. W. R. "Ray" Morley, a former civil engineer for the (D&RG) hired by the AT&SF in 1877, was given his first assignment to secretly plot a route through the pass (it was feared that any activity in the area would lead the D&RG to construct a narrow gauge line over the Pass). Additionally, Strong learned that the Southern Pacific Railroad (SP) had introduced legislation to block the Santa Fe's entry into New Mexico. Undaunted, Strong obtained a charter for the New Mexico and Southern Pacific Railroad Company and immediately sent A. A. Robinson to Raton Pass. From February to December 1878 work crews struggled to build the line between La Junta and Raton, and the first Santa Fe train entered New Mexico on December 7.

While construction over the Rockies was slow and difficult due to the logistics involved, in some instances armed conflicts with competitors arose (such as with the D&RG in Colorado and New Mexico, and � after capturing the Raton Pass � the SP in Arizona and California, as exemplified in the "frog war" between SP and Santa Fe subsidiary the California Southern Railroad at Colton, California in September 1883). The troubles for the railroad went far beyond skirmishes with rival railroads, however. In the late 1880s, George C. Magoun, who had worked his way to become Chairman of the Board of Directors for the railroad, was progressively losing his own health. In 1889 the railroad's stock price, which was closely linked in the public's eye with the successes of the railroad's chairman, fell from nearly $140 per share to around $20 per share. Magoun's health continued to deteriorate along with the stock price and Magoun died on December 20, 1893. The Santa Fe entered receivership three days later on December 23, 1893, with J. W. Reinhart, John J. McCook and Joseph C. Wilson appointed as receivers. Union Pacific was another rival, but not that much of one, Union Pacific, or UP, was also in the western expansion and also was a route through the Rocky Mountains for industrial strength.

Expansion through mergers Having completed a line to the West Coast, by 1886, William B. Strong started looking around for other expansion opportunities. The Financially troubled Gulf, Colorado & Santa Fe Railway Company, a Texas line with nearly 700 miles (1,100 km) of track in service provided just such an opportunity. The GC&SF was required, as part of a merger agreement, to construct a 171-mile (275 km) line from Fort Worth to Purcell, in the Indian Territory, where AT&SF had a railhead. The connection was completed, and the merger became official on April 27, 1887. GC&SF continued to operate as a wholly owned subsidiary until finally merged directly into ATSF in 1965, by which time it had about 1,800 miles (2,900 km) of track in service.

Source: Wikipedia�


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