DescriptionStock certificate of the Hudson & Manhattan Railroad Company for 1/2 shares common stock, dated Dec. 22, 1923. Cancelled November 11, 1924. 8-9/16" high x 12-3/8" wide. The left edge is softly irregular which probably indicates a fold-out leaf that was torn off and is not present. This company is the original company that created the system now known as the PATH ( Port Authority Trans-Hudson ) system and usually called the "Hudson Tubes." Shares were priced at $100 per share. The engraved vignette shows a train in a tunnel under the Hudson River heading to the Hudson Terminal in downtown New York City from Jersey City. Vessels are shown on the water. The Pennsylvania Rail Road terminal can be seen at the left.