Vintage Original Railway Photograph-RONRAIL No. 2591
C1930
8"X10"
Vintage Original Railway Photograph-RONRAIL No. 2591---Railroads were the country’s primary source of freight transportation prior to 1930. Between 1930 and 1960, railroads were detrimentally affected by the growth of air and truck transportation. In the east, railroads were financially harmed by the collapse of coal traffic in the 1960s as the country shifted to oil. As a result, between 1967 and 1972, six major northeastern railroads went bankrupt. To address the imminent collapse of freight and passenger traffic in the east as a result of the railroad bankruptcies, Congress passed the Regional Rail Reorganization Act of 1974 (the “3R Act”). The 3R Act provided interim funding to the bankrupt railroads and created Consolidated Rail Corporation (Conrail) as a government-funded private company. Under the Act, the United States Railway Association (USRA) prepared a Final System Plan, identifying the rail lines from the bankrupt railroads that would be transferred to Conrail. The Final System Plan was approved by Congress as the Railroad Revitalization and Regulatory Reform Act of 1976 (the “4R Act”) and signed into law on February 5, 1976.


No Reserve:
This lot starts at $1 and has no reserve as a courtesy so that collectors can determine the true market value on this authentic item.

Shipping:

Domestic: Flat-rate of $12.00 to anywhere within the contiguous U.S.

International: Foreign shipping rates are determined by destination.

Location: This item ships from New York

Your purchase is protected:
Photos, descriptions, and estimates were prepared with the utmost care by a fully certified expert and appraiser. All items in this sale are guaranteed authentic.

In the rare event that the item did not conform to the lot description in the sale, Jasper52 specialists are here to help. Buyers may return the item for a full refund provided you notify Jasper52 within 5 days of receiving the item.

good