Greenville & Columbia Railroad Company

View Inventory

The Greenville & Columbia Rail Road was chartered in North Carolina in 1845. Construction began in 1849 and was completed in 1854. It was a main feeder into Columbia from the South Carolina Piedmont for the Confederacy during the Civil War.

After the war, politicians defrauded the state of South Carolina out of $400,000 in a failed investment in the troubled Greenville & Columbia Railroad Co. The loss was equal to a quarter of the state's revenues for that year. As a result of the failed investment, the State adopted a constitutional ban on investing public money in stocks. More than a century later South Carolina's $17 billion pension fund is entirely in fixed income, mostly A-rated bonds and Treasuries.

The line’s first President was Judge Belton O’Neal, for whom the town of Belton, South Carolina is named.

We are currently offering the following pieces from the Greenville & Columbia 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.