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Boston, Hartford & Erie Railroad Company

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The Boston, Hartford, & Erie Railroad was designed to be a feeder and connection of the Erie, constructing a line from Boston and Providence to Fishkill, in New York, there to connect with the Erie Railroad branch to Newburgh.

Its name was synonymous with bankruptcy, litigation, fraud, and failure. While the Erie was of doubtful repute on Wall Street, the Boston, Hartford, & Erie had long been of worse than doubtful repute on State Street. Under able and persevering, if not scrupulous management, the bankrupt, moribund company had been slowly struggling into new life, and in the spring of 1867 it had obtained, under certain conditions, from the Commonwealth of Massachusetts, a subsidy in aid of the construction of its road. One of the conditions imposed obliged the corporation to raise a sum from other sources still larger than that granted by the State. Accordingly, those having the line in charge looked abroad for a victim, and fixed their eyes upon the Daniel Drew’s Erie.

The Erie was in the midst of it’s own scandal, and in an effort to issue more stock and gain the right to issue convertible bonds, they also guaranteed the bonds of the Boston, Hartford & Erie.

We are currently offering the following pieces from the Boston, Hartford & Erie Railroad Company:





All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.