Metropolitan Cross-Town Railway 1890 Bond Peter A. B. Widener Transit Tycoon NY For Sale


Metropolitan Cross-Town Railway 1890 Bond  Peter A. B. Widener Transit Tycoon NY

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Metropolitan Cross-Town Railway 1890 Bond Peter A. B. Widener Transit Tycoon NY:
$125.00

The Metropolitan Cross-Town Railway operated one of Manhattan’s early streetcar lines connecting ferry terminals across the city. The line ran across lower Manhattan linking the Hudson River ferries with the East River ferries and was part of the rapid expansion of surface transit in New York during the late 19th century. The railway was later absorbed into the larger Metropolitan Street Railway system during the consolidation of New York’s street railroads.


Notable Signature – Peter A.B. Widener

This bond bears the signature of Peter Arrell Browne Widener (1834–1915), one of the most powerful transit financiers of the Gilded Age. Widener helped build major street railway systems in Philadelphia, Chicago, and New York and was a key organizer behind the consolidation of Manhattan’s streetcar companies. He later became involved in founding major corporations such as U.S. Steel and American Tobacco and was considered one of the wealthiest Americans of his era.


His family later became connected to the RMS Titanic sinking through his son George Widener.


Condition: I am not a professional and this comes from my father’s collection of antique stocks and bonds. Given its age, it shows age related toning, foxing, edge wear and folds, raised corporate seal, 24 attached coupons and printed by International Bank Note Co. NY. PLEASE NOTE: There is one coupon that is attached via staple to another.


Please see photos and ask questions… I will combine shipping so please see other listings or follow as I continue to add.


This historical bond is highly desirable for collectors of railroad and streetcar memorabilia, New York City history, Gilded Age finance, and antique stock and bond certificates



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Metropolitan Cross-Town Railway 1890 Bond Peter A. B. Widener Transit Tycoon NY

$125.00





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