Miller Train Control Corporation - Railroad Equipment Stock Certificate
Inv# RS4708 Stock
Stock printed by Goes.
Alexander C. Miller (1852–1918) had been the chief dispatcher of the Chicago, Burlington and Quincy Railroad before founding the Aurora Trust and Savings Bank in his home town of Aurora, Illinois (served by the Aurora, Elgin & Chicago Railway) and establishing the Miller Train Control Corporation to market his invention of a railroad signalling block system.
Another source states the real inventor was Harvey B. Miller. With other heads such as W. M. Masters, C. L. Rogers, C. A. Crowell, George W. Hess. A Electrical appliance to automatically prevent head on and rear end collisions. Miller filed the patents in 1907 and incorporated the company in 1909.
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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