New York and Harlem Railroad ,000 1900 Gold Bond

Description

Very Fresh ,000 Bond, issued and cancelled with a United States IRS stock transfer stamp, ca. 1900.
The
New York and Harlem Railroad
(now the
Metro-North Railroad
Harlem Line
) was one of the
first railroads in the United States
, and possibly the first
street railway
, running north from
Lower Manhattan
to and beyond
Harlem
. The line was later truncated at
Grand Central Terminal
, with the rest that extended south becoming part of the
Fourth Avenue
Horse Car
Line
. The line became part of the
New York Central Railroad
system, with
trackage rights
granted to the
New York, New Haven and Hartford Railroad
into Manhattan. It is now part of the
Metro-North Railroad
system, and the only
Manhattan
trackage of that system.
On
July 1
,
1896
, the
Metropolitan Street Railway
leased the streetcar lines. The
New York City Railway
, which leased the Metropolitan, went into
receivership
on
September 24
,
1907
. It was sold to receivers, who gave the Fourth Avenue line back to the
Metropolitan Street Railway
for operation on
July 31
,
1908
. The lease was terminated on
January 31
,
1920
, and operation was returned to the NY&H. On
October 10
,
1932
, it was leased again, this time to the
New York Railways Corporation
, with the right to
bustitute
the lines. The stockholders voted to do this on
February 19
,
1934
. An approximation of the route is now traveled by
MTA New York City Transit
's
M1 bus
. The
Murray Hill Tunnel
now carries two lanes of roadway, but not the buses.
Additional Information:
This is a cancelled ,000 Mortgage Bond.
You may purchase more than one, as I am a wholesaler of this particular item.  Just change the quantity that you wish to purchase.  If you wish to purchase more than just a few of this particular item, please e-mail me to discuss special pricing.  I often sell in bulk to attorneys, CPAs, interior decorators, architects and gift shops.  I have also sold to marketing companies to use in non-profits.
If you are a non-profit (such as a museum or foundation) and have a special connection to the particular issuing entity, I would especially love to speak with you about becoming a supplier for your gift shop.
The particular certificate that you will receive will be of the same exact design as photographed, but will not be the exact certificate pictured.  Yours may be for a different quantity of shares and/or a different stockholder.  Your certificate may also have different cancellation markings.
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