1924 Williamsort & North Branch Railway, stamped with corporate seal pass

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1924 Williamsort & North Branch Railway, stamped with corporate seal pass:
$9.24

I found this in my railroad collection.
Unissued, 1924 No. B 453, Williamsport & North Branch Railway pass, stamped with the W&NB seal. Mint, perfect condition.
The W&NB went into receivership in 1917 due to its inability to pay off its bonded interest, and the lease of the Eagles Mere Railroad was canceled in 1920. The W&NB was reorganized as the Williamsport and North Branch Railway on May 1, 1921. In addition to the closing of the Sonestown stave mill, Nordmont Chemical sold out to Charles Sones in 1924. He closed the factory, replaced it with a sawmill, and continued to haul logs on the Wyoming & Sullivan until 1930. With local traffic falling off, the W&NB depended on the small amount of traffic allotted it by the ICC to help sustain it. It was only allowed freight traveling over the Grand Trunk Railroad and the Lehigh Valley which was destined for the Reading. During the 1930s, the railroad just scraped along, able to pay its operating expenses but unable to maintain track or equipment. By 1937, it was in so decrepit a state that the owners decided to abandon it. The last train ran on October 11, 1937, and tracks were removed by summer 1938.