Westinghouse Air Brake Company - Stock CertificateInv# RS1230
Bl, Or, Gr
Railroad Stock. Historic company founded by George Westinghouse in 1882. Great train vignette. The Westinghouse Air Brake Company (sometimes nicknamed or abbreviated WABCO although this was also confusingly used for spinoffs) was founded on September 28, 1869 by George Westinghouse in Pittsburgh, Pennsylvania. Earlier in the year he had invented the railway air brake in New York state.
After having manufactured equipment in Pittsburgh for a number of years, he began to construct facilities and plants East of the city where homes for his employees were built. In 1889, the air brake manufacturing facility was moved to Wilmerding, Pennsylvania, and the company's general office building was built there in 1890.
WABCO's direct successor companies include WABCO Vehicle Control Systems, a commercial vehicle air brake manufacturer; and Wabtec, a railway equipment manufacturer, which have been owned and operated independently of each other since the mid-twentieth century. (Wikipedia) Available in Blue, Green or Orange. Please specify color.
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.
Item ordered may not be exact piece shown. All original and authentic.