Lake Erie, Alliance and Wheeling Railroad Co. - 1901-33 Ohio Railway Stock Certificate
Inv# RS4105 StockStock printed by American Bank Note Co., Philadelphia. Some with stub attached. Rare! Also available unissued at a lesser price. Please inquire if interested.
This railroad was in operation from 1874 until 1878, after which it was incorporated into the Alliance and Lake Erie Railroad from 1878 to 1882. Subsequently, it became part of the Cleveland, Youngstown and Pittsburgh Railway from 1882 to 1886, followed by the Lake Erie, Alliance and Southern Railway from 1887 to 1893. Finally, it was associated with both the Alliance and Northern Railroad and the Ohio River and Lake Erie Railroad during the same period from 1887 to 1893.
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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