Mt. Tamalpais & Muir Woods Railway - Very Rare California Railroad Unissued Stock Certificate
Inv# RS4035 Stock
Stock printed by H. S. Crocker Co., 1 Share, #255, San Francisco, CA. Outstanding large vignette! The Mount Tamalpais & Muir Woods Railway was a scenic tourist railway operating between Mill Valley and the east peak of Mount Tamalpais in Marin County, California, covering a distance of 8.19 miles (13.18 km), with a 2.88-mile (4.63 km) spur line to the Muir Woods. The railroad was incorporated in January 1896, and closed in the summer of 1930. Originally planned as a 4 ft 8+1⁄2 in (1,435 mm) standard gauge electric trolley line, the railroad was powered by a succession of geared steam locomotives. Billed as the "Crookedest Railroad in the World," the line was renowned for its steep and serpentine route, winding through picturesque terrain to a mountaintop tavern providing first-class hospitality and panoramic views of the San Francisco Bay Area. Despite its popularity, the railway met its demise following a fire in 1929, and dwindling ridership when the automobile could finally drive to Tamalpais' summit. Read more at https://en.wikipedia.org/wiki/Mount_Tamalpais_and_Muir_Woods_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.
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