Terre Haute and Indianapolis Railroad Co. - Indiana Railway Stock Certificate
Inv# RS1265 Stock
Stock. The Terre Haute & Indianapolis RR was chartered in 1847. By the end of the Civil War it became part of an important east-west trunk line. When a Cincinnati syndicate threatened to take control of the line in 1867, the board voted William Riley McKeen its president to keep the railroad independent. Signed by McKeen as president. 25 cent revenue stamp available on some.
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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