Baltimore and Ohio (B&O) Railroad Stock Certificate

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Baltimore and Ohio (B&O) Railroad Stock Certificate - Issued to Chas D. Barney Co

Baltimore and Ohio (B&O) Railroad Stock Certificate - Issued to Chas D Barney Co

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Vintage Stock Certificate

Product Code: SC788-BARNEY

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Baltimore and Ohio Railroad Company Stock Certificate was issued by Chas. D. Barney & Co in 1929. They are the "Barney" in the firm Smith Barney. Edward B. Smith & Co merged with Chas. D. Barney & Co in 1937 to become the financial powerhouse Smith, Barney & Co. Edward B. Smith was founded in 1892 while Charles D. Barney & Co was founded in 1873. Smith primarily dealt with underwriting and investment banking while Barney dealt with the brokering of stocks and bonds. Smith ran low on funds during 1937 and the two merged keep the underwriting business liquid. Smith, Barney would expand and become major player on Wall Street and throughout the world.

Over the years they underwent several mergers including Harris, Upham, Primerica, Shearson, Lehman Brothers, Salomon Brothers and then Citi. During the Financial Crisis of 2008, Citigroup received a federal bailout and decided to spin out Smith Barney. In 2009 Smith Barney merged with Morgan Stanley to become Morgan Stanley Smith Barney.

The B&O railroad is one of the oldest railroads in the United States was also made famous in the classic Monopoly board game. Issued in 1929 and hand signed.