New York Ontario & Western Railway Company Gold Bond
New York Ontario & Western Railway Company Gold Bond
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Are the certificates authentic?
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 Brown certificate from the New York Ontario & Western Railway Company, issued in 1913, cancelled in 1945. Has cancellation holes, signatures present.
The New York, Ontario and Western Railway (NYO&W), commonly known as the O&W, was originally chartered as the New York and Oswego Midland Railroad, it was envisioned to provide a direct connection from the docks opposite New York City to Lake Ontario at Oswego.
Construction of the railroad began in 1868 and was completed in 1873. The company expanded by building branches to various New York towns, including Ellenville, Delhi, and New Berlin.
The O&W served as an important transportation link for the resort areas of the lower Catskill Mountains, known as the "Borscht Belt". However, improved highways led to the decline of passenger service in these areas. The railroad's revenue was closely tied to the anthracite coal industry, and when the coal mines began to fold, the O&W's finances went south.
By the 1940s, passenger service was rapidly declining. The last passenger train from Walton, New York to Weehawken ran in the summer of 19481. The company eading to bankruptcy. On March 29, 1957, the last freight train ran from Norwich to Middletown, marking the end of the O&W's operations.
Materials and care
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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