Brainerd and Northern Minnesota Railway Co. - 1892-99 dated Railroad Stock Certificate - Part of the Northern Pacific Railroad
Inv# NP1018 StockMN, 1892-99, Stock. Printed by Dameron, Amberg & Co. Also available unissued at a lesser price. Please inquire if interested.
The Minnesota and International Railway served as a subsidiary of the Northern Pacific Railway, identified by the reporting mark NP. This railway operated in the western United States, particularly along the border with Canada. In 1970, the Northern Pacific merged with several other rail lines to establish the Burlington Northern Railroad. The origins of this railway can be traced back to a collection of logging lines in north-central Minnesota, alongside the Northern Pacific's own early Brainerd and Northern line, which was initiated around 1892 with the aim of extending northward to the Canadian border.
On July 17, 1900, the Northern Pacific established the Minnesota and International Railway to manage these lines, creating a continuous route from its terminal in Brainerd, Minnesota, to the Canadian border at International Falls, Minnesota. This line established a 200-mile north-south corridor that passed through Bemidji, Minnesota. In the early 20th century, a train derailment occurred two miles north of Nisswa, Minnesota, resulting in several boxcars becoming embedded in the ground, which remain buried today at a depth of approximately 15 feet beneath what is now the Paul Bunyan State Trail.
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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