Chicago, Rock Island & Gulf Railway Company

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The Chicago, Rock Island and Gulf Railway Company, was chartered on May 13, 1902, to build from Fort Worth through Dallas to Houston and Galveston. The thirty-three miles from Fort Worth to Dallas opened on December 1, 1903. At that time the Rock Island interchanged considerable tonnage with both the International and Great Northern Railroad Company and the Houston and Texas Central Railway Company at Fort Worth, and the proposed extension south from Dallas would have had serious impact on the earnings of the two Texas railroads. Both companies reacted, with the International and Great Northern offering to sell its Fort Worth to Houston line or to grant trackage rights to the Rock Island. This offer was declined. E. H. Harriman, who then controlled the Southern Pacific and its Texas subsidiaries, made a more substantial proposal which was accepted. Harriman offered to sell 48 percent of the Houston and Texas Central, the Houston East and West Texas Railway Company, the Galveston, Houston and Northern Railway Company, and the Texas and New Orleans Railroad Company to the Rock Island. The Southern Pacific would retain a 48 percent interest in the companies, while the remaining 4 percent would be sold to a neutral third party. The Railroad Commission, however, disapproved the sale and joint ownership of the existing lines. However, in 1906, the Rock Island acquired a 50 percent interest in the Trinity and Brazos Valley Railway Company, then under construction, which gave it access to the Houston and Galveston markets.

We are currently offering the following pieces from the Chicago, Rock Island & Gulf Railway 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.