Stock Certificate for 54 Shares in the Boston, Clinton, Fitchburg and New Bedford Railroad Company

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Stock Certificate for 54 Shares in the Boston, Clinton, Fitchburg and New Bedford Railroad Company

American Bank Note Company, Boston, 1876

Dimensions 11 x 7 1/2 inches. Black ink, vignette of Massachusetts state seal, with a Native American in a frame, with an arm with a sword above and a banner with the state motto, center bottom, decorative border. Embossed stamp dated 1876. Fold lines. No. 616, originally issued to Charles Burleigh on August 16, 1876. Signed by the Treasurer "Laurence G_____" and the President "Solomon H. Howe". Mr. Burleigh transferred the stock to the Worcester North Savings Institution as collateral for a loan on September 7, 1876. The Boston, Clinton, Fitchburg and New Bedford Railroad was formed in 1876 from the merger of the Boston, Clinton, and Fitchburg Railroad with the New Bedford Railroad. In 1879, it was leased to the Old Colony Railroad, which absorbed it outright in 1883. Solomon Howe was a successful mill owner in Boxford, Massachusetts. Charles Burleigh (1824-1883) was a business man and machinist in Fitchburg, Massachusetts, and one of the first directors of this railroad. In 1865, he invented the Burleigh Rock Drill and Patent Air Compressor for use on the Hoosac Tunnel in Western Massachusetts. He established the Burleigh Rock Drill Company in 1867. The Burleigh Rock Drill was used in mining and tunneling all over the world, including the Comstock Lode and the Transcontinental Railroad.. Book. Book Condition: Collectible-Very Good. Binding: No Binding

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