Illinois Traction Company 1914 Share certificate

Description

One bearer bond certificate of  "Illinois Traction Company "   Incorporated in Maine 1914  .Tear at upper  margin (3mm) at lower right corner and stains at left margin.Condition (opinion) : Good+(G+)
.
(see scan).Certificate measures: 20 cm x 30 cm  .Printer:British American Bank Note Co ,Ottawa
.Two hand signatures ,one of the president (of the company )wich could be William B. Mckinley (to be verified).Perforated cancelled  at signatures level.
See below some more related information found at the web
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Banknote Grading
UNC
AU
EF
VF
F
VG
G
Fair
Poor
Uncirculated
About Uncirculated
Extremely Fine
Very Fine
Fine
Very Good
Good
Fair
Poor
Edges
no counting marks
light counting folds OR...
light counting folds
corners are not fully rounded
much handling on edges
rounded edges
Folds
no folds
...OR one light fold through center
max. three light folds or one strong crease
several horizontal and vertical folds
many folds and creases
Paper
color
paper is clean with bright colors
paper may have minimal dirt or some color smudging, but still crisp
paper is not excessively dirty, but may have some softness
paper may be dirty, discolored or stained
very dirty, discolored and with some writing
very dirty, discolorated, with writing and some obscured portions
very dirty, discolored, with writing and obscured portions
Tears
no tears
no tears into the border
minor tears in the border, but out of design
tears into the design
Holes
no holes
no center hole, but staple hole usual
center hole and staple hole
Integrity
no pieces missing
no large pieces missing
piece missing
piece missing or tape holding pieces together
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See below related information from the web:
What ended up as the Illinois Terminal Railroad was the dream of William McKinley, which began purchasing streetcar systems in Illinois as early as the late 19th century and operating them under the name, Illinois Traction System. McKinley had hopes of stretching his system of interurbans to Chicago but only ever made it as far north as Peoria. Still, he was able to put together an impressive webbed system of lines in central Illinois. What transpired into the Illinois Terminal Railroad began in 1925 when Illinois Power & Light was formed by the Illinois Traction Company (which was also the parent of ITS) to oversee the company’s rail assets. The IP&L then purchased two small railroads the St. Louis, Troy & Eastern and St. Louis & Illinois Belt
ITR was a successor in interest to a series of interurban railroads that were consolidated in the early 1900s by businessman William B. McKinley into the Illinois Traction System (ITS), an affiliate of the Illinois Power and Light Company. The Illinois Traction System, at its height, provided electric passenger rail service to 550 miles (900 km) of tracks in central and southern Illinois. The system's Y-shaped main line stretched from St. Louis to Springfield, Illinois, with branches onward from Springfield northwest to Peoria and eastward to Danville. A series of affiliated street-level city trolley lines provided local passenger service in many of the cities served by the main line. The longest-lived segment was at East St. Louis area of the line descended from an Edwardsville-Alton interurban line bought by the Illinois Traction System in 1928. Because the Illinois Traction/Illinois Terminal traversed some towns on street trackage with very tight turns, freight operation required the use of short trains and special hardware. New bypass trackage was constructed around some towns for freight operation to partially solve this problem. Springfield was an example of this. In a few other towns, arrangements were made with a parallel steam railroad for trackage rights in order to provide a bypass. An example of annoying town running (for the town as well as the railroad) was at Morton, Illinois, just south of Peoria, where a heavy duty well maintained track with trolley catenary suddenly found itself running down the center of the town's brick paved main street.
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[edit] Interurban Routes
1 Danville-Ridge Farm (1901-1936)
2 Danville-Catlin (1902-1939)
3 Homer Branch (1904-1929)
4 Danville-Champaign (1902-1953)
5 Champaign-Decatur (1907-1955)
6 Decatur-Springfield (1904-1955)
7 Decatur-Bloomington (1905-1953)
8 Bloomington-Peoria (1907-1953)
9 Peoria-Springfield (1906-1956)
10 Springfield-Granite City (1904-1956)
11 Granite City-St. Louis (1910-1958)
12 Staunton-Hillsboro (1905-1935)
[edit] Decline
With the Great Depression, the Illinois Traction System staggered. The ITS relinquished many of its city streetcar lines in the 1930s, and due to the Public Utility Holding Company Act of 1935 it was forced to cut its ties with an affiliated firm that provided electrical utility services. The passenger railroad reorganized in 1937 as the Illinois Terminal Railroad (ITR) and continued to provide electric-powered interurban, long-distance multiple car passenger train service Peoria/Danville to St. Louis for almost another two decades. United States postal contracts helped provide revenue to make this service viable. In the 1950s, with the final dominance of the automobile, ITR's passenger service became hopelessly unprofitable. This was even after IT had earlier purchased two expensive electric multiple car streamlined train sets from St. Louis Car Company designed somewhat upon the North Shore Line's Electroliners. These were capable of decent speeds on ITR's well maintained open country roadbed but had to slowly negotiate tight streetcar style curves in the numerous towns along the line. In March 1956, passenger service ended. Because the ITR had some very usable trackage and line side freight customers, it was acquired in June 1956 by nine Class I railroads. These collectively continued to operate ITR as a diesel-powered short line to carry freight to the acquiring railroads. The co-owned reorganized Illinois Terminal Railroad took down its trolley wire and abandoned much of its trackage, particularly the interurban street running in towns and villages. At some points ITR track was connected to trackage of the adjacent lines and was available for optional routing. For the following 25 years (1956-1981) the ITR continued to operate diesel-powered trackage north and east of St. Louis, providing freight business for the railroads that owned it. The Norfolk and Western Railroad purchased its partners' interests in the Illinois Terminal Railroad on September 1, 1981, and ITR officially merged into the N&W on May 8, 1982.
William B. McKinley
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This article is about the United States Senator and congressman from the State of Illinois. For the 25th President of the United States, see William McKinley. For other people of the same name, see William McKinley (disambiguation).
William Brown McKinley
United States Senator
from Illinois
In office
March 4, 1921 – December 7, 1926
Serving with Joseph M. McCormick, Charles S. Deneen
Preceded by
Lawrence Yates Sherman
Succeeded by
Otis F. Glenn
Member of the U.S. House of Representatives
from Illinois's 19th district
In office
March 4, 1915 – March 3, 1921
Member of the U.S. House of Representatives
from Illinois's 19th district
In office
March 4, 1905 – March 3, 1913
Personal details
Born
September 5, 1856
Petersburg, Illinois, United States
Died
December 7, 1926 (aged 70)
Martinsville, Indiana, United States
Political party
Republican
Alma mater
University of Illinois
William Brown McKinley (September 5, 1856 – December 7, 1926) was a United States Representative from the State of Illinois. He was born near Petersburg, Illinois.
After graduating from the University of Illinois at Urbana-Champaign, McKinley became a drug clerk in Springfield. He returned to Champaign to become a banker. In 1902, he was elected a trustee of the university. McKinley ran for U.S. House of Representatives in 1905, winning his first of four consecutive terms. In 1913, he ran for the U.S. Senate against Lawrence Yates Sherman and lost.
He ran for Congress again in 1914 and won, serving from 1915 until 1921. In 1920, McKinley ran against Sherman for the Senate, this time winning. In 1926, he ran for re-election and lost to Frank L. Smith (who ultimately was denied the seat by the Senate on the grounds of fraud and corruption in his campaign), but died on December 7, 1926, aged 70, shortly before his term would have ended.
McKinley was also chief executive of the Illinois Traction System. The McKinley Bridge between Venice, Illinois and St Louis, Missouri was named for him. The McKinley Health Center at the University of Illinois at Urbana-Champaign is also named for him.