Beautifully engraved certificate from the Waterloo, Cedar Falls & Northern Railroad issued  in 1949. This historic document was printed by the Columbian Banknote Company and has an  ornate border around it with a vignette of a train. This item is hand signed by the Company's President and Secretary and is  over 53 years old.         
 
Certificate Vignette    Waterloo Company History   Metropolitan Transit Authority Publicly owned since 1965  1885-1895 - Waterloo Street Railway  1895-1904 - Waterloo & Cedar Falls Rapid Transit Co.  1904-1935 - Waterloo, Cedar Falls & Northern Railway Co.  1935-1953 - Waterloo, Cedar Falls & Northern Railroad Co.  1939 - streetcars discontinued  1953-1965 - St. John's Transportation Co.  1965-1972 - Waterloo-Cedar Falls Transit Co.
        
       
 Certificate Vignette
            