Pullman's Palace Car Co. - Stock Certificate - Railroad Stocks for Sale

Pullman's Palace Car Co. - Stock Certificate - Railroad Stocks For Sale

When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.

Pullman's Palace Car Co. - Stock Certificate - Railroad Stocks:
$95.00

Stock printed by American Bank Note Company, New York. Incorporated in Chicago, Illinois. The Pullman Car Company, founded by George Pullman, was a manufacturer of railroad cars in the mid-to-late 19th century through the first half of the 20th century, during the boom of railroads in the United States. Through rapid late nineteenth century development of mass production, and takeover of rivals, the company developed a virtual monopoly on production and ownership of sleeper cars. At its peak in the early 20th century, its cars accommodated 26million people a year, and it in effect operated "the largest hotel in the world". Its production workers initially lived in a planned worker community (or "company town") named Pullman, Chicago. Pullman developed the sleeping car, which carried his name into the 1980s. Pullman did not just manufacture the cars, it also operated them on most of the railroads in the United States, paying railroad companies to couple the cars to trains; in return, by the mid-20th century, these railroads would own Pullman outright. The labor union associated with the company, the Brotherhood of Sleeping Car Porters, founded and organized by A. Philip Randolph, was one of the most powerful African-American political entities of the 20th century. The company also built thousands of streetcars and trolley buses for use in cities. Post World War II changes in automobile and airplane transport led to a steep decline in the company's fortunes. It folded in 1968, with a successor company continuing operations until 1981. After spending the night sleeping in his seat on a train trip from Buffalo to Westfield, New York, George Pullman was inspired to design an improved passenger railcar which contained sleeper berths for all its passengers. During the day, the upper berth was folded up overhead similar to an present-day airliner's overhead luggage compartment. At night, the upper berth folded down and the 2 facing seats below it folded over to provide a relatively comfortable lower berth. Although this was a somewhat spartan accommodation by today's st Item ordered may not be exact piece shown. All original and authentic.