William H. Vanderbilt, Sidney Dillon - Chicago and Canada Southern Railway - Stock CertificateInv# AG1054
William H. Vanderbilt (1821-1885), Financier, Railroad Executive. Son of Commodore Cornelius Vanderbilt (1794-1877) and father of Cornelius Vanderbilt (1843-1899). Having been appointed to high positions in the Vanderbilt Railroads, he prized efficiency and greatly improved his properties and increased his own fortune. Considered the most significant of all the Vanderbilts in both abilities and accomplishments. Beautiful 1870's Chicago and Canada Southern Railway stock transferred to W. H. Vanderbilt at the back. Sidney Dillon boldly signs as witness at back. Sidney Dillon (1812-1892) Railroad-Builder, Financier. Dillon built a section of the Boston and Albany in 1840. Thereafter, he built thousands of miles of railroad in America and was principal contractor for the Union Pacific (1865-69). Served as director of that road and as its president. Stub at left border. Includes attractive portraits of both Vanderbilt and Dillon. Excellent Condition. Rare! From the Syracuse University Collection.
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.