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Nashville, Chattanooga & St. Louis Railway 1903 Black
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Nashville, Chattanooga & St. Louis Railway 1903 Black
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Engraved stock certificate of the Nashville, Chattanooga & St. Lois Railway, dated January 20, 1903. Nice vignette of early locomotive belching black smoke and pulling train through the countryside. Issued to Martha W. Cleveland and signed on the back by the executor of her estate. Also signed by railroad's president, ass't cashier and secretary. The Nashville, Chattanooga and St. Louis Railway (reporting mark NC) was a railway company operating in the southern United States of Kentucky, Tennessee, Alabama and Georgia. It began as the Nashville and Chattanooga Railroad, chartered in Nashville in December 1845 and was the first railway to operate in the state of Tennessee.[citation needed] It took nine years to complete the 150 miles (240 km) of line between the two cities, Nashville and Chattanooga, a task which was made much more difficult by the steep elevations of the Highland Rim and Cumberland Plateau lying in between. A tunnel of 2,228 feet (679 m) near Cowan, Tennessee was considered an engineering marvel of its time[citation needed]. Due to the difficulties of the terrain, this line between Tennessee cities actually crossed over into two neighboring states, Alabama and Georgia, for short distances. New towns sprang up along the line during construction, such as Tullahoma and Estill Springs. During the Civil War, this line became highly strategic to both the Union and Confederate armies. The Tennessee campaigns of 1862 and 1863 saw Union troops force the Confederates back from Nashville to Chattanooga almost exactly along the line of the railroad. It was repeatedly attacked, sabotaged, damaged, and repaired, and was used at various times to supply both armies. After the war, the company made acquisitions of other, smaller lines to the north, and was reincorporated as the Nashville, Chattanooga and St. Louis Railway (NC&StL) in 1873 (although none of the company's tracks ever actually entered St. Louis, Missouri). In early 1877, the NC&StL purchased the assets and name of the bankrupt Tennessee and Pacific Railroad from the state and operated it as a spur to Lebanon, Tennessee. The Louisville and Nashville Railroad, an aggressive, potential competitor of the NC&StL, gained controlling interest in it in 1880 with a hostile stock takeover that created massive civic rancor between the cities of Nashville and Louisville. The two railroads continued to operate separately for over 75 years before finally merging in 1957. Despite the takeover, the NC&StL was allowed to continue to grow with the acquisition of various branch lines in Kentucky and Alabama and expansion from Nashville to Memphis. In 1890 the railroad reached Atlanta, Georgia, by successfully leasing the state-owned Western and Atlantic Railroad. Source Wikipedia. The L&N, itself controlled by the Atlantic Coast Line Railroad in the same fashion that the L&N controlled the NC&StL, was merged in to the Seaboard System Railroad, and then into the CSX freight rail conglomerate, which continues to use the original NC&StL tracks between Nashville, Chattanooga and Atlanta. Fine condition with minor folds and rubber stamps not affecting vignette. Engraved by American Bank Note Co. 04.04.003
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