The Lackawanna Securities Company was formed in 1927 to take over the a href=http://search.store.yahoo.com/cgi-bin/nsearch?catalog=yhst-86587441912981&query;=Delaware+Lackawanna+western&.autodone=http%3A%2F%2Fwww.stocklobster.com%2Fproduct%2Fnsearch.html>Delaware, Lackawanna & Western Railroad Company. One share of Lackawanna Securities stock was issued for two shares of the railroad company stock. On Aug. 2, 1932, stockholders approved the plan to dissolve the Lackawanna Securities Company.
Common Stock, issued in the 1920’s and 1930’s
Printed by the American Bank Note Company
7 1/2” (h) x 11 1/2” (w)
This certificate has vertical fold lines, punch hole and machine cancels in the signature areas and body and some toning and edge faults from age.