Detroit & Canada Tunnel Corporation (Specimen)

Detroit & Canada Tunnel Corporation (Specimen)
Item# 1404

Detroit & Canada Tunnel Corporation (Specimen)

To this day, the Windsor/Detroit tunnel remains the World's only international underwater automotive border crossing. It is the second busiest crossing between Canada and the United States, next to the Ambassador Bridge, which is also located in Windsor.

Construction took about 26 months to finish and was completed almost one year ahead of schedule. The total cost was $23 million. The opening ceremonies were held on Saturday, November 1, 1930. Rejoicing took place on both sides of the river. Detroit Mayor Frank Murphy and Windsor Mayor Cecil Jackson exchanged greetings at the international border under the river and gave their speeches. At 11:40 a.m., U.S. President Herbert Hoover turned a “golden key” in Washington D.C., which set off bells in both Windsor and Detroit to mark the opening of the tunnel.

At the same time, two young girls, 13 year-old Fern Martin, daughter of Fred Martin, the main promoter of the tunnel project, and 12 year-old Virginia Bradway, daughter of Judson Bradway, the first President of the Detroit Canada Tunnel Company (DCTC), untied a red, white and blue ribbon at the international boundary line in the centre of the tunnel. Then a convoy of cars filled with dignitaries from both sides of the border paraded through the tunnel.

On Monday, November 3, 1930, just after midnight, the Windsor-Detroit Tunnel was open for vehicular traffic. Throughout the 1930s, the tunnel experienced a decline in cross-border traffic because of the Great Depression and its effects on industrial areas such as Windsor and Detroit. It was not until the Detroit River ferry service closed in the mid-1940s that tunnel traffic began to increase.

In 1976, the granite block and sand base of the roadbed was removed and a new road was laid. This renovation increased clearance in the tunnel by about 15 centimetres (6 inches) and allowed use by taller commercial trucks that had previously been turned away.

Beginning in the mid-80s, the City of Windsor began looking into the legal aspects of taking over the Canadian side of the tunnel, as was agreed when it was originally built. The Detroit/Canada Tunnel Corporation had promised, in exchange for building rights, that ownership of each side of the tunnel would revert to its respective city, at no cost, after 60 years of operation. Detroit had agreed to wait an additional 30 years as part of the Renaissance Downtown Development project.

Certificate: Common Stock, specimen, mid 1900’s

Printer: Security Bank Note Company

Dimensions: 8” (h) x 12” (w)

State: MI-Michigan | CN-Canada

Subject Matter: Bridge and Tunnel Companies | Specimen Pieces

Vignette Topic(s): Allegorical Featured

Condition: No fold lines, punch hole and stamp cancels in the signature areas and body, and has some toning from age.

All certificates are sold only as collectible pieces, as they are either canceled or obsolete. Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. Unless otherwise indicated, images are representative of the piece(s) you will receive.