Grand Canyon Railway Co. - 1907 dated Railway Stock Certificate - Branch Line of the Atchison Topeka Santa Fe Railway
Inv# AT113 Stock
Stock printed by American Bank Note Co. New York, Litho. The Grand Canyon Railway (reporting mark GCRX), is a heritage railroad which carries passengers between Williams, Arizona and the South Rim of Grand Canyon National Park.
The 64-mile (103-kilometer) railroad, built by the Atchison, Topeka and Santa Fe Railway, was completed on September 17, 1901. The arrival of trains led increased tourism to the area, and the railway company was instrumental in the creation of the Grand Canyon Village to serve guests. Declining ridership due to the popularity of the automobile led the Atchison, Topeka and Santa Fe Railway to cease passenger service of the Grand Canyon Railway in July 1968 and freight service on the line ended in 1974. Private investors purchased the line in 1988, restored the facilities, and started running passenger trains again on September 17, 1989. Today, the railroad carries hundreds of passengers to and from the canyon every day and operates year-round. Read more at https://en.wikipedia.org/wiki/Grand_Canyon_Railway
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.
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