Click images to enlarge

Description

The Canada Southern Railway (CASO) was a railway in southwestern Ontario, Canada and was founded on February 28, 1868 as the Erie & Niagara Extension Railway. It adopted the Canada Southern Railway name on December 24, 1869. The railway was leased to the Michigan Central Railroad for 99 years; in 1929 it was subleased to the New York Central Railroad for 999 years. Its successors Penn Central and Conrail later exercised control. On April 30, 1985, the Canadian National Railway and Canadian Pacific Railway jointly purchased the former CASO from Conrail in order to acquire the Michigan Central Railway Tunnel under the Detroit River and the Michigan Central Railway Bridge at Niagara Falls, NY. The CASO rarely operated its own rolling stock after acquisition, and its reporting mark was abolished in 1977.

For auction is a rare stock certificate from the CASO for 10 shares of capital stock; it is dated October 25, 1946 and is printed on typical stock security bond paper. The certificate measures appx 11 x 6 1/2 inches. It is in very good condition, in spite of being over  75 years old. There are no rips or tears, and all writing/markings are from its issuance and cancellation. It has the customary cancellation punch holes, and there are several sets of staple holes from when other documents were attached.

A nice item for the Canada railfan.