Stark Electric Railroad Company Stock Certificate

Description

Stark Electric Railroad Company Stock Certificate
This piece is a ghostsofwallstreet.com clearance item and is available exclusively in our Ebay outlet store!
The Stark Electric Railroad - named for the county in which it ran - was known as the ''bachelor railroad" in its early days, because the majority of its directors were bachelors. The company was founded by four Cleveland capitalists - C. R. Morley, David Morrison, Edward Wiebenson and Henry W. S. Woods. These men met with W. W. Hazzard, owner of the Alliance city trolley lines, in May of 1901. They projected and chartered the Stark Electric Railroad Company with lines extending from Alliance to Canton by way of Maximo and Louisville.
Car-barns and a power house were constructed on the old J.B. Watson estate of 134 acres, later known as Lake Park. A year after the inception of service between Alliance and Canton, the company took its first steps toward extending its lines to Salem.
The company also sold electricity, but sold its power business to the Alliance Power Company in 1927.
The company entered receivership in 1932.
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Yes.
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