Erastus Corning - Utica and Schenectady Railroad - Railway Stock Certificate - A for Sale

Erastus Corning - Utica and Schenectady Railroad - Railway Stock Certificate - A For Sale

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Erastus Corning - Utica and Schenectady Railroad - Railway Stock Certificate - A:
$220.00

1850 Stock Transfer signed by Corning as Attorney for a client. Includes a nice portrait. Choice Condition. Rare! The Utica and Schenectady Railroad was chartered April 29, 1833; as the railroad paralleled the Erie Canal it was prohibited from carrying freight. Revenue service began August 2, 1836, extending the line of the Albany and Schenectady Railroad west from Schenectady along the north side of the Mohawk River, opposite the Erie Canal, to Utica. On May 7, 1844, the railroad was authorized to carry freight with some restrictions, and on May 12, 1847, the ban was fully dropped, but the company still had to pay the equivalent in canal tolls to the state. Erastus Corning (December 14, 1794 " April 9, 1872) was an American businessman and politician from Albany, New York. A Democrat, he was most notable for his service as mayor of Albany from 1834 to 1837, in the New York State Senate (1842"1845), and in the United States House of Representatives (1857"1859, 1861"1863). A native of Norwich, Connecticut, Corning moved to Troy, New York when he was 13 so he could be trained for a career as a merchant. He worked as a clerk in his uncle's hardware store for six years, then moved to Albany, New York to work for the retail business owned by James Spencer. Corning eventually became the senior partner in the enterprise, which he combined with businesses he inherited from his uncle to create Erastus Corning & Co. The Corning company sold ironware, including tools and farm implements, nails, stoves, parts for railroad cars, and rails for railroads. John V. L. Pruy Item ordered may not be exact piece shown. All original and authentic.