World's #1 Company for Original Stock Certificates & Old Stock Research Services Since 1880 - Rated A+ by Better Business Bureau

Historic Stocks and Bonds                                              
Quality Research Service Since 1880                                   


What our customers say:




 




Missouri Pacific Railroad Corporation (Became Union Pacific)  

Missouri Pacific Railroad Corporation (Became Union Pacific)

Product #: mispaccor

Normal Price: $29.95
Our Sales Price: $19.95

(You Save: 33%)

Qty:

PRODUCT DESCRIPTION  
Beautifully engraved certificate from the Missouri Pacific Corporation issued prior to 1983. This historic document was printed by the American Banknote Company and has an ornate border around it with vignettes of two allegorical and a train, factory building, and oil tower. This item has the printed signatures of the company’s chairman ( Downing B. Jenks ) and secretary and is over 31 years old.

Scripophily.com is a name you can TRUST!
Certificate Vignette


The Missouri Pacific Railroad (reporting mark MP), also known as the MoPac, was one of the first railroads in the United States west of the Mississippi River. MoPac was a Class I railroad growing from dozens of predecessors and mergers, including the St. Louis, Iron Mountain and Southern Railway (SLIMS), Texas and Pacific Railway (TP), Chicago and Eastern Illinois Railroad (C&EI), St. Louis, Brownsville and Mexico Railway (SLBM), Kansas, Oklahoma and Gulf Railway (KO&G), Midland Valley Railroad (MV), San Antonio, Uvalde and Gulf Railroad (SAU&G), Gulf Coast Lines (GC), International-Great Northern Railroad (IGN), New Orleans, Texas and Mexico Railway (NOTM), Missouri-Illinois Railroad (MI), as well as the small Central Branch Railway (an early predecessor of MP in Kansas and south central Nebraska), and joint ventures such as the Alton and Southern Railroad (AS).

At year-end 1967 operated mileage was 9041 miles of road and 13318 miles of track, not including DK&S, NO&LC, T&P and its subsidiaries, C&EI or Missouri-Illinois.

On January 8, 1980, the Missouri Pacific Railroad was purchased by the Union Pacific Railroad. Because of lawsuits filed by various competing railroads, the merger was not approved until September 13, 1982. After the Supreme Court denied a trial from the Southern Pacific, the merger took effect on December 22, 1982, at 2:55 p.m. However, due to outstanding bonds of the Missouri Pacific, the merger with Union Pacific did not become official until January 1, 1997.

The Mississippi River Corporation began buying Mo-Pac stock in 1959 and gained voting control in 1962. Mississippi Board Chairman William G. Marbury's candidate to succeed Russell L. Dearmont as president of Mo-Pac was Downing B. Jenks. Mr. Jenks was elected president, and Mr. Dearmont was elected chairman of the board, in 1961. Mr. Jenks came to the Mo-Pac from the Rock Island Lines where his election as president in 1956 at age 40 made him the youngest president in modern railroad industry.

Beginning in 1961, Mr. Jenks initiated an intensified plant and equipment modernization program that continues today. He also immediately began building a new management team. An important factor in developing the new team was the lowering of Mo-Pac's retirement age from 70 to 65 which made it possible both. to promote people already with the railroad and to make room for personnel brought in from outside.

One Mr. Jenks brought in 1961 was John H. Lloyd. Mr. Lloyd joined Mo-Pac as vice president-operation, the same post he had held with the Rock Island Lines. In 1971, Mr. Jenks was elected Mo-Pac chairman and the same year was elected president and chief executive officer of Mississippi River Corp. following the death of Mr. Marbury. Mr. Jenks was elected chairman of the board of Mississippi in 1973. Mr. Lloyd succeeded Mr. Jenks as president of the Missouri Pacific in 1972 and was elected chief executive officer of Mo-Pac in 1974.

During Mr. Jenks' presidency. Mo-Pac made major strides in improving the efficiency of its operations through mergers and acquisitions. In 1964, Mo-Pac's Texas and Pacific Railway subsidiary assumed control through stock purchase of three railroads making up the 767-mile Muskogee Co. system which operated in Oklahoma, Kansas, Arkansas and Texas.

Product #: mispaccor

Normal Price: $29.95
Our Sales Price: $19.95

(You Save: 33%)

Qty:
 

Scripophily.com and Old Company Research Press Releases

See Stock Certificate Expert Bob Kerstein, CEO Scripophily.com
discuss Stock Certificates in Bloomberg ,  the Associated Press ,
CNBC with Jane Wells discussing the Facebook IPO,
Inside Edition and the Today Show

Subscribe to our New Free RSS New Products Feed in a Reader

Subscribe to Our New Product Additions Feed by Email


We will always maintain our founding commitment to customer satisfaction and the delivery of an educational product with an enjoyable shopping experience.  Please let us know how we may be of service to you.



Scripophily has been
fully tested by
Norton Safe
Web


Bookmark and Share


Scripophily has been featured on CNN, CNBC, CBS, WSJ, Barrons, and many other fine publications
See Scripophily.com in the News at Scripophilynews.com


Note:
All Old Stock and Bond Certificates are actual authentic certificates and are sold only as collectibles. We do not sell reproductions and offer a lifetime guarantee to the authenticity of everything we sell.

All Rights Reserved. © 1996 - 2017

 
Scripophily.com is a name you can TRUST!
American Institute of
Certified Public Accountants

Scripophily.com is a name you can TRUST!
Virginia Society CPA's
Bob Kerstein, Member
Click to Verify Trust Certificate - Yahoo is a licensee of the TRUSTeďż˝ Privacy Seal Program



  Scripophily.com is a name you can TRUST!
American Numismatic Association

Securities and Exchange
Commission Historical Society


Society of Paper Money Collectors
Member
Scripophily.com - Gift of History -  BBB Membership Seal
Better Business
 Bureau Member
Rated A+