Railroad Shares Corporation - 1931 dated Railroad Stock Certificate

Stock printed by Republic Bank Note Co., Pittsburgh, Pa. Rare! Pittsburgh is known as "the Steel City" for its dominant role in the history of the U.S. steel industry. It developed as a vital link of the Atlantic coast and Midwest, as the mineral-rich Allegheny Mountains led to the region being contested by the French and British Empires, Virginians, Whiskey Rebels, and Civil War raiders. For part of the 20th century, Pittsburgh was behind only New York City and Chicago in corporate headquarters employment; it had the most U.S. stockholders per capita. Deindustrialization in the late 20th century resulted in massive layoffs among blue-collar workers as steel and other heavy industries declined, coinciding with several Pittsburgh-based corporations moving out of the city. However, the city divested from steel and, since the 1990s, Pittsburgh has focused its energies on the healthcare, education, and technology industries. Read more at https://en.wikipedia.org/wiki/Pittsburgh