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LOT 21:
May, 1988 Reading Company $15.62 Bond Interest Coupon. Commonly called the Reading Railroad, and logotyped ...
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Start price:
$
5
Estimated price :
$250 - $500
Buyer's Premium: 18%
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May, 1988 Reading Company $15.62 Bond Interest Coupon. Commonly called the Reading Railroad, and logotyped as Reading Lines, the Reading Company was a railroad holding company for the majority of its existence and was a single railroad during its later years. It operated service as Reading Railway System and was a successor to the Philadelphia and Reading Railway Company, founded in 1833. In decline after WWII, competition with the modern trucking industry that used the Interstate Highway System for short-distance transportation of goods, also known as short hauls, compounded the company's problems, forcing it into bankruptcy in 1971.

