Montrose and Harford Plank Road Company

Montrose and Harford Plank Road Company
Item# 9998mhpr

The Montrose & Harford Plank Road Company was incorporated in the state of Pennsylvania.

A plank road or puncheon is a dirt path or road covered with a series of planks, similar to the wooden sidewalks one would see in a Western movie. Plank roads were wildly popular in the Northeast and Midwest in the first half of the 19th century. They were often built by turnpike companies.

In the late 1840s plank roads inspired an investment boom (and bust). The very first plank road was in North Syracuse, NY in order to transport salt and other goods. Unlike the often compared tulip bubble, the plank road boom had more in common with the dot-com bubble: a new technology that promised to transform the way people lived and worked, permissive changes in legislation seeking to spur development, lots of investment by regular people, etc. Ultimately the technology failed to live up to its reputation and millions of dollars in investments evaporated almost overnight.

Certificate: Capital Stock issued in the 1850s

Printer: Lambert & Lane, Stationers, New York

Dimensions: 5 1/4 (h) x 8 (w)

State: PA-Pennsylvania

Subject Matter: Turnpikes and Roads | Dated 1850's

Vignette Topic(s): None

Condition: Horizontal fold lines, no cancels, some toning and edge faults 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.