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Boston and Providence Railroad - Unissued Railway Stock Certificate circa 1900's

Inv# RS1240   Stock
State(s): Massachusetts
Rhode Island
Years: about 190-
Color: Black

Unissued Railroad Stock. 2 vignettes that were used for this company as far back as the 1840's. Great lake scene at top, train on bridge scene to left.

The Boston and Providence Railroad was a railroad company in the states of Massachusetts and Rhode Island which connected its namesake cities. It opened in two sections in 1834 and 1835 - one of the first rail lines in the United States - with a more direct route into Providence built in 1847. Branches were built to Dedham in 1834, Stoughton in 1845, and North Attleboro in 1871. It was acquired by the Old Colony Railroad in 1888, which in turn was leased by the New Haven Railroad in 1893. The line became the New Haven's primary mainline to Boston; it was realigned in Boston in 1899 during the construction of South Station, and in Pawtucket and Central Falls in 1916 for grade crossing elimination.

The line became part of the Penn Central system in 1969; the section in Massachusetts was purchased by the state in 1973, while Amtrak acquired the Rhode Island section in 1976. The line was electrified in 2000; it is now the far northern leg of Amtrak's Northeast Corridor, used by high-speed Acela Express service, intercity Northeast Regional service, and MBTA Commuter Rail Providence/Stoughton Line local service. The rapid transit MBTA Orange Line shares the right-of-way for several miles in the 1987-built Southwest Corridor section in Boston. The Stoughton Branch is also used for Providence/Stoughton Line service, and the northern section of the Dedham Branch is used by the Needham Line.

The Boston and Providence Railroad was incorporated June 21, 1831, and chartered to build a railroad between Boston and Providence, Rhode Island. Read more at https://en.wikipedia.org/wiki/Boston_and_Providence_Railroad

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A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $10.00