St. Louis-San Francisco Railway Co. - 1937-45 dated Railroad Stock Certificate
Inv# RS4054 Stock
Missouri
Stock printed by American Bank Note Co. Available in Blue, Gray or Brown. Please specify color. The St. Louis–San Francisco Railway (reporting mark SLSF), commonly known as the "Frisco", was a railroad that operated in the Midwest and South Central United States from 1876 to April 17, 1980. At the end of 1970, it operated 4,547 miles (7,318 km) of road on 6,574 miles (10,580 km) of track, not including subsidiaries Quanah, Acme and Pacific Railway and the Alabama, Tennessee and Northern Railroad; that year, it reported 12,795 million ton-miles of revenue freight and no passengers. It was purchased and absorbed into the Burlington Northern Railroad in 1980. Despite its name, it never came close to San Francisco.
The St. Louis–San Francisco Railway was incorporated in Missouri on September 7, 1876. It was formed from the Missouri Division and Central Division of the Atlantic and Pacific Railroad. This land grant line was one of two railroads (the other being the M-K-T) authorized to build across Indian Territory. The Atchison, Topeka and Santa Fe Railroad, interested in the A&P right of way across the Mojave Desert to California, took the road over until the larger road went bankrupt in 1893; the receivers retained the western right of way but divested the ATSF of the St. Louis–San Francisco mileage on the Great Plains. After bankruptcy, the Frisco emerged as the St. Louis and San Francisco Railroad, incorporated on June 29, 1896, which also went bankrupt. Read more at https://en.wikipedia.org/wiki/St._Louis%E2%80%93San_Francisco_Railway
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