Lehigh Coal and Navigation Company Stock Certificates

The Lehigh Coal and Navigation Company is atraded company. Due to its great success, the stock
company that is still in operation today. However, therestarted selling left and right. Although there is some
are many old canceled stock certificates that areform of Lehigh Coal and Navigation Company in
available for the stock certificate collector to takebusiness, the company was sold in the 1960s for
advantage of. If there is a company that has anrecreational use to public and private organizations. So
incredible history, this is a company that does.what you will find when looking at a Lehigh Coal and
The Lehigh Coal and Navigation Company wasNavigation Company stock certificate is a canceled
created for the carrying of anthracite coal to Eastoncertificate that cannot be traded on the stock market.
from Lehigh Valley. This creation occurred after PhillipIn other words, they make fantastic certificates to
Ginder discovered large anthracite deposits in thecollect.
Summit Hill, Pennsylvania area in 1791. The Lehigh andThere is such an incredible history behind the company
Delaware Rivers were quite turbulent, butthat these are widely sought after stock certificates.
transportation of coal was made possible through theThe company saw great success during the 1800s,
navigation system that had been developed. Thisbut saw reductions in the amount of tonnage that they
system was completed by 1820 and this resulted inwere transporting. As a matter of fact, they saw a
the merger of Lehigh Coal Company and Lehighdecline in the tonnage being transferred in 1900, but still
Navigation. By 1825, there was approximately 30,000managed to stay in business until the 1960s. This is a
tons of coal making its way to Philadelphia.company that had 190 years of operational history
But there was an increase in competition andbehind it.
something needed to be done, so Lehigh Coal andThere are different variations of the Lehigh Coal and
Navigation Co. continued to expand with betterNavigation Company stock certificate. It simply
navigation tools, such as lift locks used in the canal.depends on the year it was issued. An 1866 certificate
This new expanded navigation system wasis simply a gray sheet of paper. They have sometimes
completed by 1829 and within five years of thathave a revenue stamp on them from where they
completion, the Lehigh navigation system was alsowere taxed by the government. They are also signed
connected to New York. But in 1862, parts of theby officers within the company, states the
system were destroyed by a great flood. However,incorporation date of the company, and that the
the rebuild resulted in even more expansion for theshares were going for fifty dollars each. A 1936 stock
company.certificate is somewhat different with its cream and
It was in 1822 that the Lehigh Coal and Navigationorange coloring, but the required information is the
Company became incorporated and became a publiclysame.