Huntingdon and Broad Top Mountain Railroad and Coal Co. - 1918-33 dated Railway & Mining Stock Certificate (Uncanceled)
Inv# RS2106 Stock
Uncanceled. Extensive paragraphs at the top related to the stock. Franklin Lee Div. of American Bank Note Co. Rare!
Huntingdon long served as the junction of the Huntingdon & Broad Top Mountain Railroad w/ the Pennsylvania Railroad, & as an important port on the Main Line of Public Works of the Pennsylvania Canal. In past years, Huntingdon boasted of manufacturers of flour, heavy machinery, radiators, furniture, stationery, woolen goods, shirts, shoes, electronic components, finished lumber, fiberglass yarn, matting & underground storage tanks. In the 19th century, J. C. Blair, a native of Shade Gap & a stationer & businessman, popularized the writing tablet & began marketing it nationwide. His factory in downtown Huntingdon was later relocated to nearby Alexandria. Read more at https://en.wikipedia.org/wiki/Huntingdon,_Pennsylvania
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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