January 24, 2024
Antique 1890's/early1900's N.Y.C.&St.L.R.R. Seal with Yates Bank Wax, Item #403
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The New York, Chicago & St. Louis Railroad Company (NYC&StL - Reporting Mark NKP) had a storied 83 year existence. Starting as a single road built with cash, it ended with four districts as a result of acquisitions made over the years. It survived control by the New York Central and a joint venture with the C&O and Pere Marquette, and evolved into a leader in the delivery of freight with its renowned "Nickel Plate High Speed Service" and mighty Berkshires. It is said that the New York, Chicago & St. Louis Railroad Company was probably the only railroad in the United States built for cash in advance of the issue of stocks and bonds. The subscribers to the founding syndicate agreed to furnish the money in ten percent calls as fast as required. It was February 1881. This stamp reflects an import part of railroad history. It is in perfect condition and has the seal wax in the original box. Each of these items are a rare find, but put together this is a once in a life time collectors dream. FREE! Sellers: Add a FREE map to your listings. FREE!
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