$150.00 CAD– Sold Out
Signature of the one of Canada’s railway giants, builder of the first transcontinental CPR railway.
Certificate of 1 share of The Cuba Company, owned by Elisabeth Mills Reid. April 6 1911, Jersey City New Jersey. The Cuba Company was a railroad company in Cuba.
Signed by the Treasurer and WC Van Horne President.
Cancelled June 1914. Punch holes.
Very nice condition, paper has some light rippling. Some yellowing, mostly on back.
Sir William Cornelius Van Horne, KCMG (1843 – 1915) succeeded Lord Mount Stephen as President of Canadian Pacific Railway in 1888. He was a prominent member of the Whitney syndicate that created the Cuba Railroad Company, incorporated at Trenton, New Jersey, in 1900 with a capitalization of $8,000,000. He lived at the Van Horne Mansion in Montreal's Golden Square Mile.
In 1882, he was appointed general manager of the Canadian Pacific Railway and in 1884 became its vice-president. Rising to president in 1888, he is most famous for overseeing the major construction of the first Canadian transcontinental Railway.
Van Horne considered the railway an integrated communications and transportation system and convinced the directors and shareholders to create a telegraph service and an express freight delivery service as a complement to the railway. Van Horne was knowledgeable in nearly every element of the railway industry, including operating a locomotive. A wealthy man, he later became an investor of the Cuba Railroad Company.
He was also responsible for launching the sea transport division of the Canadian Pacific Railway and presided over the expansion of the CPR in the luxury hotel business and participated in the design of two of the most famous buildings in the chain, the Château Frontenac in Quebec City and Chateau Lake Louise in Alberta.