St. Louis Jacksonville and Chicago Railroad Co. - 1860's dated Unissued Railway Stock Certificate
Inv# RS4664 Stock
Unissued Stock. This railroad was in operation from 1862 until 1899, after which it became part of the Alton Railroad, designated by the reporting mark A, was the final designation of a railroad that connected Chicago with Alton, Illinois; St. Louis, Missouri; and Kansas City, Missouri. Its predecessor, the Chicago and Alton Railroad (reporting mark C&A), was acquired by the Baltimore and Ohio Railroad in 1931 and remained under its control until 1942, when the Alton was released to judicial oversight. On May 31, 1947, the Alton Railroad was merged into the Gulf, Mobile and Ohio 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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