Wildwood and Delaware Bay Short Line Railroad Co. - 1927 dated Railway Stock Certificate
Inv# RS5528 Stock
Railroad Stock printed by E.A. Wright Bank Note Co., Phila. This railroad was a predecessor to the Atlantic City Railroad which was acquired in July 1930. The W&DBSLRR ran from Wildwood Junction to Wildwood; it was merged with the Atlantic City Railroad (by then Pennsylvania-Reading Seashore Lines) in 1934.
The Atlantic City Railroad was a Philadelphia and Reading Railway subsidiary that became part of Pennsylvania-Reading Seashore Lines in 1933. At the end of 1925, it operated 161 miles (259 km) of road on 318 miles (512 km) of track; that year it reported 43 million ton-miles of revenue freight and 204 million passenger-miles. Read more at https://en.wikipedia.org/wiki/Atlantic_City_Railroad
The Pennsylvania-Reading Seashore Lines was a railroad that operated in South Jersey in the 20th century. It was created in 1933 as a joint consolidation venture between two competing railroads in the region: the Pennsylvania Railroad and the Reading Company. Read more at https://en.wikipedia.org/wiki/Pennsylvania-Reading_Seashore_Lines
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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