Providence and Worcester Railroad Co. - 1880's Railway Stock Certificate - Rhode Island & Massachusetts
Inv# RS1178 Stock
Railroad Stock. Exceptional train vignette. Superb. Ornate Victorian title & borders. American Bank Note Co. Scarce!
The Providence & Worcester Railroad (reporting mark PW) (NASDAQ: PWX) is a Class II railroad owned by Genesee & Wyoming. The railroad connects from Gardner in central Massachusetts, south through its namesake cities of Worcester & Providence, Rhode Island, & west from Rhode Island through Connecticut & into New York City. The railroad's connection between New Haven, Connecticut through New York City to Long Island is via trackage rights over the Hell Gate Bridge. Read more at https://en.wikipedia.org/wiki/Providence_and_Worcester_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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