Beautiful RARE specimen certificate from the Leamington and St.Clair Railway Company
dated in 1895. This historic document has an ornate border around it with a vignette of the company name. This item is over 112 years old. Splits on folds. 2 sheets of 50 coupons each. Bond not in Cox, possibly unique.
THE CANADA SOUTHERN RAILWAY COMPANY
Incorporated February 28, 1868. Absorbed the Erie and Niagara Railway Company July, 1893, and the Leamington and St. Clair Railway Company and the Sarnia Chatham and Erie Railway Company August, 1904. Leased with owned and leased lines January 1, 1904, to The Michigan Central Railroad Company for the term of nine hundred and ninety-nine years. Rental two and one-half per cent to January 1, 1910, and three per cent thereafter on $15,000,000 capital stock and interest on funded debt.
Specimen Certificates are actual certificates that have never been issued. They were usually kept by the printers in their permanent archives as their only example of a particular certificate. Sometimes you will see a hand stamp on the certificate that says "Do not remove from file".
Specimens were also used to show prospective clients different types of certificate designs that were available. Specimen certificates are usually much scarcer than issued certificates. In fact, many times they are the only way to get a certificate for a particular company because the issued certificates were redeemed and destroyed. In a few instances, Specimen certificates we made for a company but were never used because a different design was chosen by the company.
These certificates are normally stamped "Specimen" or they have small holes spelling the word specimen. Most of the time they don't have a serial number, or they have a serial number of 00000. This is an exciting sector of the hobby that grown in popularity over the past several years.