Saint Paul and Duluth Railroad Co. Issued to and signed by R.S. Hayes - Autograp For Sale

Stock issued to and signed by R.S. Hayes on front as president and on the back. Richard Somers Hayes (1846-1905), formerly first vice-president of the Wabash St. Louis & Pacific and afterward president of the St. Paul & Duluth died at his home in New York City on March 3 at the age of 58 years. Mr. Hayes was born at Philadelphia, Pa., on October 12, 1846, and entered railway service in 1867 as assistant engineer on the Erie Railroad. He was appointed chief engineer and general manager of the Texas & New Orleans in the spring of 1870, and in the fall of 1872 was made chief of construction of the Texas Improvement Company, building the Texas & Pacific. One year later he became chief engineer of the Texas & Pacific, and in the spring of 1874 was appointed cheif engineer of the International & Great Northern. He was advanced to the position of vice-president and general manager of the latter road in 1878. Upon the reorganization of the company in the fall of 1879 he was chosen president and in June, 1881 was elected vice-president of the Missouri Pacific, Missouri Kansas & Texas, Texas & Pacific and St. Louis Iron Mountain & Southern roads, comprising the Gould Southwestern system. He was elected first vice-president of the Wabash St. Louis & Pacific in April, 1883, and on July 27, 1888, became president of the St. Paul & Duluth. Originally incorporated in 1863 and known as the Lake Superior and Mississippi Railroad, the road provided the first service between Duluth and the Twin Cities upon its completion in 1870. Serving as the all-important eastern terminus of the Northern Pacific Railroad, the road linked the Great Lakes and the Mississippi River. A victim of the panic of 1873, the company defaulted on its bonds and was reorganized in 1877 as the Saint Paul and Duluth Railroad. It was absorbed by the Northern Pacific in 1900. These exceptional stocks are beautifully printed by American Bank Note Company. The two Steamships and Locomotive scenes are so very impressive. A fine example of engraving of this Golden Era of Financial Printing. The St. Paul and Duluth Railroad was reorganized from the Lake Superior and Mississippi Railroad in 1877. It was bought by the Northern Pacific in 1900. Known as the \"Skally Line\", it operated from Saint Paul to Duluth, Minnesota, with branches to Minneapolis, Taylors Falls, Kettle River, and Cloquet, in Minnesota, and Grantsburg and Superior in Wisconsin. The line was purchased by the Norther Item ordered may not be exact piece shown. All original and authentic.

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