Lebanon Springs Railroad Co. - Vermont, New York & New Jersey Railway Stock Certificate
Inv# RS2777 Stock
Printed by R.C. Root & Anthony, NY. Unusual Color! The Lebanon Springs Railroad Company, chartered in 1852, consolidated with the Bennington & Rutland Railroad Company in 1870 to form the Harlem Extension Railroad Company, with Bennington to Chatham service. A succession of mergers and acquisitions involving the New York, Boston and Montreal Railroad Company, the New York, Rutland & Montreal RR, the Lebanon Springs RR and the Chatham & Lebanon Valley RR, ended in 1901 with the "Chatham Division" now part of the Rutland Railroad. The New York Central Company assumed control of the Rutland in 1904. Read more at https://en.wikipedia.org/wiki/List_of_Vermont_railroads
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.
Ebay ID: labarre_galleries