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Tom's Vignettes

Tom Lareau, Merrifield VA   

1854 Rensselaer & Saratoga RR Stock Certificate

1854 Rensselaer & Saratoga RR Stock Certificate. Very attractive and scarce upstate New York scripophily railroad certificate with woodcut vignette of rowboat on lake. The Rensselaer & Saratoga Railroad was chartered in 1832. 25 miles of line were completed in 1836 between Troy and Ballston Spa, New York. Despite its name, the railroad only reached to Ballston Spa and relied on the Saratoga and Schenectady RR to give it access to Saratoga Springs, New York. When an agreement was not forthcoming, investors purchased Saratoga and Schenectady stock to take control of the railroad. Later acquisitions including trackage to Whitehall, New York and a line of steamers that plied Lake Champlain, allowing tourists to travel from Troy to Canada entirely by steam conveyance for the first time. The last expansion before the merger with the Delaware and Hudson Canal Company involved building new sections of track between Green Island and Watervliet that linked Albany and Troy for the first time. All of the leases, purchases, and road construction carried out by the Rensselaer & Saratoga resulted in a little railroad empire consisting of 175 miles of track and control of the Upper Hudson and Champlain Valleys. (Source: Wikipedia). Certificate is in VF condition with pen cancellation.

Purchasing Notes: Payment by check or PayPal. You can opt out of insurance, which I generally recommend. Ruby Lane strongly encourages insurance. However, this may not make sense on scripophily shipments (which are not exactly breakable). My experience in mailing thousands of packages is that less than one out of 500 packages does not arrive in good condition. Still, Insurance is recommended on orders over $100. On multiple certificate orders Ruby Lane does not compute the insurance charge correctly. I will correct overpayments, but it is best to get accurate order amount before paying. Do not hesitate to email me if you have any questions.

Item ID: RR-599

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1854 Rensselaer & Saratoga RR Stock Certificate


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Tom's Vignettes

Tom Lareau

Scripophily: Antique Stocks and Bonds

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Member since 2000

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