Moyamensing and Southwark Rapid Transit Street Railway Co. - 1920 dated Pennsylvania Railroad Stock Certificate
Inv# RS4938 Stock
Stock. South Philadelphia, nicknamed South Philly, is the section of Philadelphia bounded by South Street to the north, the Delaware River to the east and south, and the Schuylkill River to the west. A diverse working-class community of many neighborhoods, South Philadelphia is well-known for its large Italian-American population, but it also contains large Asian American, Irish-American, African-American, and Latino populations.
South Philadelphia began as a satellite town of Philadelphia, with small townships such as Moyamensing and Southwark. Towards the end of the First Industrial Revolution, the area saw rapid growth in population and urban development. This expansion was in part due to an influx of working class laborers and immigrants looking for factory jobs and dock work, as well as the first wave of mass immigration of Irish refugees or impoverished immigrants from Ireland in the wake of the Great Irish Hunger. South Philadelphia's urbanized border eventually expanded to reach that of Philadelphia proper, or what is today known as Center City Philadelphia. Along with all other jurisdictions in Philadelphia County, South Philadelphia became part of the City of Philadelphia proper with passage by the Pennsylvania legislature of the city–county Act of Consolidation, 1854. Read more at https://en.wikipedia.org/wiki/South_Philadelphia
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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