The Chicago Great Western Railroad (CGW) was a Class I railroad that linked Chicago, Minneapolis, Omaha and Kansas City. Through mergers and new construction, the railroad quickly became a multi-state carrier. One of the last Class I railroads to be built, it competed against several other more well-established railroads in the same territory, In 1968 it merged with the Chicago & North Western Railway, which abandoned most of CGW's trackage. Most surviving trackage is now part of the Union Pacific. Items from the CGW are not readily found, but I offer for auction a preferred capital stock certificate dated January 6, 1931. It is for 10 shares at $100 each.