Paterson Horse Railway Company - New Jersey 1888

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Beautifully engraved unissued certificate from the Paterson Railway Company printed in 1888. This historic document was printed by John c. Raken, N.Y. and has an ornate border around it with a vignette of the Paterson Horse Railway. This item is over 118 years old. We are only aware of five of these certificates to exist and believe they are quite rare.
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Certificate Vignette
JERSEY CITY HOBOKEN & PATERSON RAILWAY (Paterson) Incorporated 1899 as consolidation of the following companies. Sold 1903 to Public Service Corp. of New Jersey. Jersey City Hoboken & Rutherford Electric Railway Co. - incorporated 1893, leased 1894-1899 to New Jersey Electric Railway Co. Paterson Central Electric Railway - incorporated 1892 as consolidation of Paterson Central Railway Co. and Central Electric Railway Co. Paterson Horse Railroad Co. - incorporated 1863. Paterson Passaic & Rutherford Electric Railway - incorporated 1893 as consolidation of Paterson & Little Falls Electric Railway Co., Grant Street Electric Railway Co., People's Park Railway Co., Paterson & Passaic Electric Railway Co., Paterson Rutherford & Carlstadt Electric Railway Co. Leased 1894-1899 to New Jersey Electric Railway Co. Paterson Railway - incorporated 1890 as consolidation of Paterson City Railroad Co., Paterson & Passaic Railroad Co., Paterson Garfield & Clinton Railway Co., others. North Hudson County Railway - opened 1861, in 1891 acquired Pavonia Horse Railroad Co., in 1893 opened Hudson & Bergen Traction Co., in 1894 opened Palisades Railroad. Saddle River Traction Co. White Line Traction Co. Bergen Turnpike Co. - opened 1902. Paterson & State Line Traction Co. - opened 1914. North Hudson County Railway - opened 1861, in 1891 acquired Pavonia Horse Railroad Co., in 1893 opened Hudson & Bergen Traction Co., in 1894 opened Palisades Railroad. Above lines basically served Paterson and Passaic County, and evolved to Passaic Division of Public Service Coordinated Transport. The North Hudson County Railway served part of Hudson County, and evolved to part of the Hudson Division of Public Service Coordinated Transport.