Listing of New York Central and Hudson River Railroad Co. Shares and Dividends - 6 Vanderbilts - AutographsInv# AU1638 Stock
Family listing of New York Central and Hudson River Railroad Company shares and dividends paid by 6 Vanderbilts. (Not signed) Exceptional!
The Vanderbilt family is an American family of Dutch origin who gained prominence during the Gilded Age. Their success began with the shipping and railroad empires of Cornelius Vanderbilt, and the family expanded into various other areas of industry and philanthropy. Cornelius Vanderbilt's descendants went on to build grand mansions on Fifth Avenue in New York City; luxurious "summer cottages" in Newport, Rhode Island; the palatial Biltmore House in Asheville, North Carolina; and various other opulent homes.
The Vanderbilts were once the wealthiest family in America. Cornelius Vanderbilt was the richest American until his death in 1877. After that, his son William acquired his father's fortune, and was the richest American until his death in 1885. The Vanderbilts' prominence lasted until the mid-20th century, when the family's 10 great Fifth Avenue mansions were torn down, and most other Vanderbilt houses were sold or turned into museums in what has been referred to as the "Fall of the House of Vanderbilt".
Branches of the family are found on the United States East Coast. Contemporary descendants include journalist Anderson Cooper, actor Timothy Olyphant, musician John P. Hammond and screenwriter James Vanderbilt.
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.