Online Only Auction
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Price Realized:
32.50 USD
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Date(s)
6/30/2024 - 7/7/2024
AUCTIONEER INFORMATION
Bidding Notice:

Lots are OFFERED with a MINIMUM OPENING BID of $10.00, and NO RESERVE ~ SUCCESSFUL BIDDERS WILL be INVOICED and NOTIFIED by EMAIL, TEXT MESSAGE or TELEPHONE CALL on Monday, July 8th ~ CONTACT us to SCHEDULE PICKUP by APPOINTMENT ONLY, on Tuesday or Wednesday, July 9th and 10th, from 10am to 6pm > Both Days

Auction Notice:

We DO NOT REQUIRE bidders to have a CREDIT or DEBIT CARD on FILE to BID in our AUCTIONS ~ Therefore, we DO NOT PROCESS CARD PAYMENTS AUTOMATICALLY THROUGH HiBid ~ When picking up items, we will accept CASH, DEBIT or CREDIT CARDS in person ~ CHECKS are ACCEPTED ONLY with PRIOR APPROVAL by AUCTIONEER.~ For ALL BUYERS, PAYMENT is DUE NO LATER THAN 6pm, Wednesday July 10th, 2024 ~ UNPAID ITEMS are ... Show More


Information
Lot # 207
Group - Category Antiques & Collectibles - Collectibles - Railroad
Lead ILLINOIS CENTRAL RAILOAD SWITCH LOCK & BRASS KEY
Description
> PICKUP in LIBERTY, MS or McCOMB, MS by APPOINTMENT < A steel railroad switch lock with chain and brass key, manufactured by Adlake, the Adams & Westlake Co. of Chicago, for the Illinois Central Railroad ~ The lock measures a large 3 x 3.75" overall and perhaps 1" thick, quite substantial, with the ICRR initials incised to the rear, along with a patent number ~ The brass hollow barrel key is incised to one side of the hilt ICRR, and to the other, 15570 S along with A. & W. Co. CHICAGO. CONDITION REPORT > Lock is functional with key provided ~ Surface rust to the lock and chain, typical relative to age, long use and materials. HISTORY OF THE MAIN LINE OF MID-AMERICA The Illinois Central is the only major rail carrier in the United States still operating essentially under its own name without interruption after nearly a century-and -a-half since its founding. In its long and colorful history, the IC achieved many "firsts" in the fields of commerce, transportation and western settlement. The Illinois Central Railroad was chartered in 1851 to build a railroad from Cairo, Illinois, at the joining of the Ohio and Mississippi rivers, to Galena, in the extreme northwestern corner of the state (the "Old Main"), with a branch from Centralia (named for the railroad) to Chicago (the "Chicago Branch"). A previous effort in the late 1840s resulted in a few miles of grading north of Cairo but little else. However, the Federal Land Grant Act signed by Millard Fillmore in late 1850 aided the IC in becoming the first railroad to receive a land grant. The line was finished in 1856, giving Chicago a route to New Orleans by way of a railroad-operated steamboat line between Cairo and New Orleans. During the Civil War, the IC played a pivotal role in funneling Federal troops and supplies southward to open the Mississippi River to the Gulf. After the war, many famous generals and civil engineers from both sides served with distinction in positions of leadership with the IC. In 1867 the Illinois Central, which by then progressed beyond Galena and across the Mississippi to Dubuque, Iowa, leased the Dubuque & Sioux City Railroad, extending its western line to Iowa Falls. This line reached Sioux City in 1870. Soon the Illinois Central realized that it was necessary to extend its rails south to the Gulf of Mexico. The railroad made a traffic agreement in 1872 with the New Orleans, Jackson & Great Northern Railroad, to Canton, Miss., and the Mississippi Central Railway north to Jackson, Tennessee. A new railroad line would be necessary to connect Jackson, Tenn. with Cairo to replace the existing arrangement via the Mobile & Ohio to Columbus, Kentucky, and a riverboat from Columbus to Cairo. The new line was completed in 1873. In 1874 the Illinois Central, the principal bondholder of the other two lines, took them over and organized them as the New Orleans, St. Louis & Chicago Railroad. The NOJ&GN and Mississippi Central were then reorganized in 1877 as the New Orleans, Jackson & Northern and the Central Mississippi, respectively, and then consolidated as the Chicago, St. Louis & New Orleans Railroad, a subsidiary of the IC. Like most of the railroads in the South, the route from Cairo south to New Orleans was built to a 5-foot track gauge. The entire 550-mile route was converted to standard gauge (4-foot-8-1/2 inches) in one day on July 29, 1881. About this time, a young eastern financier took an interest in the Illinois Central Railroad who would have a profound effect on the Illinois Central and indeed throughout the railroad industry. His name was Edward H. Harriman. In the 1870s railroads began to penetrate the fertile Yazoo Delta along the western edge of Mississippi. IC's entry was the Yazoo & Mississippi Valley Railroad, incorporated in 1882 to build a railroad westward from Jackson, Miss. Meanwhile, a rival route, the Louisville, New Orleans & Texas Railway, was under construction between Memphis and New Orleans via Vicksburg and Baton Rouge, west of the IC's main line. That line obtained the backing of C. P. Huntington, who saw the route as a connection between the Southern Pacific at New Orleans and his Chesapeake, Ohio & Southwestern at Memphis. Huntington's forces completed the LNO&T in 1884 and then purchased the Mississippi & Tennessee Railroad, whose line from Grenada, Miss., to Memphis funneled traffic to IC. Saber rattling in the form of cancelled traffic agreements ensued, but Huntington's empire was in trouble. The IC purchased the LNO&T and the Mississippi & Tennessee and consolidated them with the Yazoo & Mississippi Valley. The acquisition not only increased significantly the IC's mileage, but also greatly expanded the IC's presence in the South. The southern lines were finally connected by rail to the northern part of the IC with the completion of the Ohio River bridge at Cairo in 1889. In 1893 IC purchased the Chesapeake, Ohio & Southwestern (Louisville to Memphis) and in 1895 built a line into St. Louis from the southeast. In the late 1880s under the leadership of E. H. Harriman the IC began expanding toward the west. The Chicago, Madison & Northern was incorporated in 1886 to build from Chicago to a connection with the IC's western line at Freeport, Ill., then north to Madison and Dodgeville, Wisconsin. The IC also constructed branches from its line across Iowa to Cedar Rapids, Iowa, Omaha, Nebraska, and Sioux Falls South Dakota. In 1900 a minor train wreck at Vaughn, Miss., achieved worldwide fame because an engine-wiper named Wallace Sanders wrote a song about the incident. The engineer, the only person killed, was one John Luther Jones, nicknamed "Casey". The Illinois Central Railroad continued to expand in the twentieth century. In 1906 the Indianapolis Southern Railroad, an IC subsidiary, completed a line from Effingham, Ill., to Indianapolis. Part of the line was of new construction and part was a rework of existing narrow gauge lines. In 1908 the IC assembled a route from Fulton, Ky., to Birmingham, Alabama, largely using trackage rights, and in 1909 IC purchased the Central of Georgia Railway. In 1926 the IC electrified its suburban line along the Chicago lakefront. The suburban tracks were separate from the tracks used by mainline passenger and freight trains. In 1928 the railroad constructed a cutoff line between Edgewood, Ill., and Fulton, Ky., to bypass congestion at Cairo, the waist of its system. After World War Two, the Illinois Central began to simplify its corporate structure by purchasing and dissolving subsidiaries and neighboring short lines. Among the subsidiaries absorbed in 1945 and 1946 were the Gulf & Ship Island and the Yazoo & Mississippi Valley. Illinois Central lost its Central of Georgia holdings in 1948 when CofG reorganized after bankruptcy. The IC and Rock Island jointly organized the Waterloo Railroad in 1956 to purchase the Waterloo, Cedar Falls and Northern; IC bought the Rock Island's half interest in 1968. Other short lines purchased by the IC were Tremont & Gulf (1959), the Peabody Short Line (1960, merged 1961), the Louisiana Midland (1967, regained independence 1974), and the Hopkinsville, Ky., - Nashville, Tenn., segment of the Tennessee Central (1968). In 1972 the Illinois Central merged with the parallel Gulf Mobile & Ohio to form Illinois Central Gulf. By 1990 the road was a trimmed and rationalized Chicago-to-Gulf railroad returned to ownership by individual shareholders and operational management by a team of serious minded railroad people. The name Illinois Central Railroad was restored. Most recently the Illinois Central name was dropped completely after merger with the Canadian National.
Name Summer Estates Auction ~ McComb & Liberty, MS ~ Bid Online
Auctioneer
Type Online-Only Auction
Date(s) 6/30/2024 - 7/7/2024
Auction Date/Time Info
Online PROXY BIDDING Opens SUNDAY, June 30th at 3:00pm CT > Enter you maximum bids once, which allows the system to bid for you, up to your maximum, throughout the week until the auction closes on July 7th. Online LIVE BIDDING Starts SUNDAY, July 7th at 3:00pm CT > Continuing Until the Last Lot Closes > Once live bidding starts, a 30 second countdown clock will be displayed and bids will be shown ~ Once the clock expires, the bidding is closed, the winning bid is displayed, and the next lot opens for bidding ~ THIS is a “HARD CLOSE AUCTION” with NO EXTENSION in TIME ~ The AUCTION PARTICIPANT DESIGNATED by the ONLINE AUCTION PROGRAM as the HIGH BIDDER when the CLOCK EXPIRES is the WINNING BIDDER ~ No "Soft Closing"
Preview Date/Time No Preview ~ Online Bidding Only
Checkout Date/Time PICKUP INFORMATION & SCHEDULE > Successful bidders may pickup items by APPOINTMENT from 10am-6pm, Tuesday & Wednesday, July 9th and 10th ~ Successful bidders will be notified via email, text message or telephone on Monday, July 8th.
Location
Buyer Premium High Bidder Pays 10% Buyers Premium
Description
A NO RESERVE AUCTION with MINIMUM OPENING BID of $10.00 on ALL LOTS OFFERED ~ NO SHIPPING ~ McCOMB or LIBERTY, MS or EITHER LOCATION PICKUP ONLY, AS STATED IN THE DESCRIPTION OF EACH LOT ~ SUCCESSFUL BIDDERS MAY PICKUP ITEMS by APPOINTMENT ONLY ~ YOU MUST CONTACT US by TELEPHONE or EMAIL by 10PM on MONDAY, JULY 8th to SCHEDULE an APPOINTMENT for PICKUP of ITEMS ~ APPOINTMENTS are AVAILABLE FROM 10am-6pm, TUESDAY & WEDNESDAY, JULY 9th & 10th. DISPOSITION of ITEMS AFTER JULY 10th WILL BE SUBJECT to DISCRETION BY THE AUCTIONEER.
GENERAL INFORMATION EVERYONE SHOULD KNOW ~ We do not process card payments through HiBid ~ We accept cash, credit or debit cards and pre-approved check payments, in person, at time of local pickup ~ We do not require a credit card on file for you to register ~ We never access your credit card on file with HiBid, as we choose not to use the HiBid payment processing service ~ Payment is due no later than 6pm, Tuesday, July 9th ~ Unless arrangements have been approved by the auctioneer, unpaid items are subject to cancellation of bids and sale ~ A 10% Buyers Premium will be applied to all successful auction item bids ~ There is no extra fee for payment with a debit or credit card ~ There is no discount for cash payments. 7% Mississippi state sales tax will be applied to total auction item purchases, to be paid by the successful bidder ~ Businesses that hold a valid state sales tax permit are exempt ~ A copy of your permit is required for our records. BIDDERS CONTRACT > Bidder registration indicates, as a participant in the auction, you will abide by the terms and conditions of sale as set forth by Sam H. Bell (MSAL #202), herein after referred to as Auctioneer. These terms and conditions are ABSOLUTE and cannot be altered or changed in any way. If you unable to adhere to these terms, PLEASE DO NOT BID. If you are confirmed as successful bidder, you have established a legally binding contract that cannot be altered or voided. NO GUARANTEE, WARRANTY > Items are offered and sold as is, where is, inclusive of any and all faults or defects, without recourse or guarantee. There is no warranty as to the merchantability, fitness of use for general or specific purpose, or functionality, either expressed or implied, relative to any items offered at auction. Buyer must understand they are committing to the purchase of property entirely based upon their own examination or opinion. DESCRIPTIONS > Descriptions or statements, oral or written, made by the owner of the property offered, or Auctioneer (or his agents or officers), concerning any item offered at auction, shall not be construed as a warranty, either expressed or implied. Auctioneer will not be held responsible for any advertising discrepancies, inaccuracies or changes in titles or descriptions of lots, inability of photographs to display or failure to exhibit certain aspects. RESPONSIBILITY & TITLE > Once an item is declared as sold, responsibility for acquiring and paying for the item is immediately transferred to the successful bidder. The Auctioneer accepts no responsibility after this point, as the Buyer assumes full risk and sole responsibility for the item(s). The Buyer agrees at this time to pay for the item(s) in full, as specified, and relative to the time limit allowed as stated in the auction terms and conditions. PAYMENT > Payment is to be made as designated in the auction notice. Cash, credit or debit cards will be acceptable forms of payment ~ Any other forms of payment must be approved by Auctioneer prior to the beginning of the auction. Buyers agree not to stop payment, disallow a sight draft or reverse any debit or credit card payment. Buyer is responsible for all expenses incurred related to collection of non-payment of any type, including attorney and civil proceeding fees. REFUNDS > No payments will be refunded for any reason. ANNOUNCEMENTS > Announcements posted or made by Auctioneer take precedence over any previously distributed information or advertising. Any deletions from or additions to the sale will be announced by Auctioneer. REMOVAL of PURCHASES > Arrangements for the removal of purchased items are the sole responsibility of the buyer. Buyers should bring their own moving equipment and labor. Buyers agree to remove purchase(s) at their own risk and hold harmless the Auctioneer or property owner for any accidents, injury, damage, or otherwise. ABANDONED ITEMS > If buyer fails to remove item(s) by the designated removal time, those items will be considered abandoned. Abandoned items may be stored, resold or disposed of without notice to the buyer at Auctioneer’s discretion, and if so, subject to certain fees. Auctioneer will not be responsible for loss or damage to these items. Storage of item(s) is NOT guaranteed. No claim or action of any kind can be made against either Auctioneer (or his agents or officers) for failure of buyer to remove item(s). DEFAULT > If purchases are not settled by the specified pick up day, or within an agreed timeframe allowed, the bidder will be considered in default. All defaulted items may be offered to the next highest qualified bidder at the discretion of the Auctioneer. REJECTION & CANCELLATION OF BIDS > The Auctioneer reserves the right to reject any and all bids for any reason prior to the close of bidding. The Auctioneer reserves the right to cancel this auction, or remove any item or lot from this auction prior to the close of bidding.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 47.50 2.50 USD
47.51 - 95.00 5.00 USD
95.01 - 240.00 10.00 USD
240.01 - 975.00 25.00 USD
975.01 - 9,999,999.99 50.00 USD
Currency USD
Buyer Premium High Bidder Pays 10% Buyers Premium
Payment Terms
We do not process card payments through AuctionFlex ~ We accept card, cash & check payments, in person, at time of local pickup ~ For buyers who request shipment, invoices are sent via email and card payments are processed securely, online, via Square ~ Payment is due no later than 6pm, Wednesday, July 10th, 2024 ~ Unpaid items are subject to cancellation of bids and sale, as stated in the Terms & Conditions ~ Checks are accepted only with prior approval by auctioneer.
Local Pick-Up Only ~ Successful bidders will be informed of the address for pickup after the auction closes ~ Please NOTE the pickup location designation in each lot description, which will indicate one of the following > > PICKUP in LIBERTY, MS or McCOMB, MS by APPOINTMENT < > PICKUP ONLY in McCOMB, by MS APPOINTMENT < > PICKUP ONLY in LIBERTY, by MS APPOINTMENT <