1,500 Shares of St. Louis Merchants Bridge Co. - 1889 or 1890 dated Stock Certificate
Inv# HD1080 Stock
1,500 shares Stock printed by August Gast Bank Note Co. St. L & N.Y. Certificates # 13 or 18! Slight staining at stub.
The Merchants Bridge, officially the Merchants Memorial Mississippi Rail Bridge, is a rail bridge crossing the Mississippi River between St. Louis, Missouri, and Venice, Illinois. The bridge is owned by the Terminal Railroad Association of St. Louis. It opened in May 1889 and crossed the river 3 miles (5 km) north of the Eads Bridge. The bridge was originally built by the St. Louis Merchants Exchange after it lost control of the Eads Bridge it had built to the Terminal Railroad. The Exchange feared a Terminal Railroad monopoly on the bridges but it would eventually lose control of the Merchants Bridge also. In 2018 work began on an extensive renovation of the bridge projected to cost $172 Million. Read more at https://en.wikipedia.org/wiki/Merchants_Bridge
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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