Economic Education through Numismatics
  • 1943 New York and Harlem Railroad Company $17.50 Bond Interest Coupons

    $9.00

    1943 New York and Harlem Railroad Company $17.50 Bond Interest Coupons

    Excellent condition. Uncut block of 6 pcs.

    The New York and Harlem Railroad (now the Metro-North Railroad Harlem Line) was one of the first railroads in the United States, and was the world's first street railway.[1][2] Designed by John Stephenson, it was opened in stages between 1832 and 1852 between Lower Manhattan to and beyond Harlem. Initially using horses, the line was partially converted to use steam engines and then electricity, using a battery-powered Julien electric traction car.[3] In 1907 the then leaseholders of line, New York City Railway went into receivership. Following a further receivership in 1932 the New York Railways Corporation converted the line to bus operation. The Murray Hill Tunnel now carries a lane of road traffic, but not the buses.
    The line became part of the New York Central Railroad system with trackage rights granted to the New York, New Haven and Hartford Railroad into Manhattan. It is now part of the Metro-North Railroad system, and the only Manhattan trackage of that system.

    Engraver: American Bank Note Company, New York.

















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