Collectible Stocks and Bonds from North American Railroads
by Terry Cox

Hawaii

Kingdom of Hawaii: January 1, 1790
Republic of Hawaii: January 1, 1894
Became territory: April 30, 1900
Became state: August 21, 1959

This is the rarest of all states to collect. While narrow gauge railways were built on several islands, certificates are only known from the Kona & Kau Railway Co. Most railways that served the docks and sugar can plantations were never incorporated separately. Three companies are known to date from the Kingdom of Hawaii period, but no certificates are known.

Central element is a shield with stripes in two quarters and a ball on a staff in the remaining quarters. Rising sun beyond. King Kamehameha left, Liberty and flag right. Eagle bottom. On official seals, the state motto, Ua mau ke ea o ka aina i ka pono appears on a scroll at bottom.

Number of Varieties of collectible certificates
(counting all companies that operated within the state)
Exceedingly few (fewer than 5 varieties)
Or go directly to these states to see more discussions and descriptions:

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