West Shore Railroad Co Bond Certificate - Due in 2361

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West Shore Railroad Co Bond Certificate - Due in 2361 - Issued to Bear Stearns

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Vintage Stock Certificate

Product Code: SC532-STEARNS

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This West Shore Railroad Company Bond was issued to Bear Stearns & Co in 1952. This unusual bond is due in the year 2361, which was over 400 years in the future at the time. West Shore Railroad was founded in 1885 and leased to New York Central and Hudson Railroad through 2361. Beautiful vignette of a passing steamship along the bay filled with sailboats and a paddle wheel. Great look back in time. Hand-signed over-sized certificate 14" x 9.5".

Prior to its sale to JP Morgan Chase in 2008, Bear Stearns was one of the largest investment banks in the world. In 2007 Bear Stearns was badly damaged by the subprime mortgage crisis. After an emergency loan from the Federal Reserve Bank of New York failed to save the company, it was sold to JP Morgan Chase for a price well below its one time high of over $100.00 per share.