NEW YORK 115 year-old Canal Improvement Bond Stock Certificate Framed PATRIOTIC!

Description

Take a trip back 115 years to New York finance.  This incredible, vintage State of New York ,000 Bond was issued in 1906 to help fund the construction of the NY State Barge Canal system.  Looks fantastic in the included, brand new cherry 11'x14' frame (pictured).
History:
In 1903 New York State legislature authorized construction of the "New York State Barge Canal" as the "improvement of the Erie, the Oswego, the Champlain and the Cayuga and Seneca Canals".  In 1905, construction of the Barge Canal began; it was completed in 1918, at a cost of .7 million.  It opened to through traffic May 15, 1918. The Barge Canal's new route took advantage of rivers (such as the Mohawk River, Oswego River, Seneca River, Genesee River and Clyde River) that the original Erie Canal builders had avoided, thus bypassing some major cities formerly on the route, such as Syracuse and Rochester. However, particularly in western New York State, the canal system uses the same (enlarged) channel as the original Erie Canal. In 1924 the Barge Canal built the Gowanus Bay Terminal in Brooklyn to handle canal cargo.
Since the 1970s, the state has ceased modernizing the system due to the shift to truck transport. The canal is preserved primarily for historical and recreational purposes. Today, very few commercial vessels use the canal; it is mainly used by private pleasure boats, although it also serves as a method of controlling floods. The last regularly scheduled commercial ship operating on the canal was the Day Peckinpaugh, which ceased operation in 1994.
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