Millville and Glassboro Railroad Company - 1860-64 dated Railway Stock Certificate
Inv# RS4914 Stock
Lithographed Stock by Mann, Stationer, Phila. Civil War era. Attractive Blue Print. Rare!!
The 22-mile long (35 km) Millville and Glassboro Railroad (M&G) was built by a group of Millville businessmen independently of the West Jersey Railroad. Chartered on March 9, 1859, and incorporated in March 1859, the M&G was completed and opened in October 1860. The M&G started to build a line from Millville to Cape May, but funds dried up and the line was not completed. It was merged into the West Jersey railroad on April 1, 1868. Read more at https://en.wikipedia.org/wiki/West_Jersey_and_Seashore_Railroad#Millville_and_Glassboro_Railroad
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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