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Erie-Lackawanna Railroad Company Stock Certificate

Erie-Lackawanna Railroad Company Stock Certificate

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Regular price $14.99 USD
Regular price Sale price $14.99 USD
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Are the certificates authentic?

Yes, all of the certificates we sell are authentic stock and bond certificates unless otherwise mentioned in the description. At one point in time, this certificate represented a share of of the company, or a bond receipt. These certificates have been removed from circulation and digitalized, as seen by cancellation holes, stamps and writing on the certificate. We offer these certificates as a collectable item, not a security.  

 

This is a red 1964 Erie-Lackawanna Railroad Company Stock Certificate that was issued & cancelled, as seen by the signatures and cancellation holes. 

The Erie Lackawanna Railroad was formed on October 17, 1960, through the merger of two historic railroads - The Erie Railroad and The Delaware, Lackawanna and Western Railroad (DL&W).

The Erie Lackawanna operated a vast network stretching from New York City to Chicago, covering several states:

  • New Jersey
  • Pennsylvania
  • New York
  • Ohio
  • Indiana
  • Illinois

At its peak, the railroad had a total track length of 3,189 miles.

In 1968, the line was renamed the Erie Lackawanna Railway when it was merged into the Norfolk & Western

The railroad's financial situation was severely worsened by Hurricane Agnes in 1972. The storm caused extensive damage to the railroad's infrastructure, with the company reporting the loss of 395 miles of tracks and damage estimated at $9.2 million (equivalent to $63.6 million in 2022). As a result, the Erie Lackawanna Railway filed for bankruptcy on June 26, 1972. In 1976, most of Erie Lackawanna's operations were absorbed into Conrail, now Norfolk Southern and CSX Transportation.

Materials and care

Here are some quick tips to preserve your certificate for decades to come. 

Paper quality: Stock certificates were printed on a variety of certificate paper dating back to the mid 1800s. Most of these vintage collectable certificates have signs of used & wear , cancellation holes, pencil / pen writing, stamps, staples, adhesives, slight rips, missing coupons and other features. 

Handling: Always handle the certificate with clean, dry hands or use cotton gloves to avoid transferring oils and dirt from your skin onto the paper.

Storage: Store the certificate in a cool, dry place away from direct sunlight, which can cause fading. Use acid-free folders or archival-quality plastic sleeves to protect it from moisture, dust, and physical damage.

Framing: If displaying the certificate, use a frame with UV-protective glass to prevent light damage. Ensure the certificate is mounted using acid-free materials to avoid any chemical reactions that could degrade the paper over time.

Avoid Exposure: Keep the certificate away from direct sun, extreme temperatures and humidity, which can cause the paper to warp or deteriorate. Avoid exposing it to pollutants, such as smoke or chemicals, which can cause discoloration.

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