Norfolk and Western Railroad – Stock Certificate

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Railroad Stock. The green on tan background makes this stock quite distinctive. No vignette but elaborate Victorian borders and titles. Nice!! The Norfolk and Western Railway (reporting mark N&W) was a US class I railroad, formed by more than 200 railroad mergers between 1838 and 1982. It was headquartered in Roanoke, Virginia, for most of its existence. Its motto was “Precision Transportation”; it had a variety of nicknames, including “King Coal” and “British Railway of America”. During the Civil War, the N&W was the largest railroad in the Confederacy and played an important role in moving supplies for the war effort. The N&W was famous for manufacturing its own steam locomotives, which were built at the Roanoke Shops, as well as its own hopper cars. After 1960, N&W was the last major Class I railroad using steam locomotives; the last remaining Y class 2-8-8-2s would eventually be retired between 1964 and 1965. In December 1959, the N&W merged with the Virginian Railway (reporting mark VGN), a longtime rival in the Pocahontas coal region. By 1970, other mergers with the Nickel Plate Road and Wabash formed a system that operated 7,595 miles (12,223 km) of road on 14,881 miles (23,949 km) of track from North Carolina to New York and from Virginia to Iowa. In 1980, the N&W merged its business operation with those of the Southern Railway, another profitable carrier to create the Norfolk Southern Corporation holding company. The N&W and the Southern Railway continued as separate railroads operating under a single holding company. On June 1, 1982, the Southern Railway was renamed Norfolk Southern Railway and the holding company transferred the Norfolk & Western Railway to the control of the newly renamed company. The N&W’s earliest predecessor was the City Point Railroad (CPRR), a 9-mile (14 km) short-line railroad formed in 1838 to extend from City Point (now part of the independent city of…

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