27,756 Shares of Santa Fe, Prescott and Phoenix Railway Co. - 1895 dated Railroad Stock Certificate
Inv# HD1081 Stock27,756 shares Stock printed by Cameron, Albert & Co.,Printers. The Santa Fe, Prescott & Phoenix Railway (SFP&P) was a common carrier railroad that subsequently became an operating subsidiary of the Atchison, Topeka & Santa Fe Railway in Arizona. At Ash Fork, Arizona, the SFP&P established a connection with the Atlantic & Pacific Railroad, a subsidiary of Santa Fe, which operated a mainline extending from California to Chicago. The SFP&P's line, measuring 195 miles (314 km), facilitated the Santa Fe Railway's expansion southward into Phoenix. Additionally, the SFP&P extended another 100 miles (160 km) eastward from Phoenix to Florence and Winkelman via the Phoenix & Eastern Railroad, which would later become a subsidiary of the Southern Pacific Railroad in 1907. The SFP&P also provided service to several mines in the Prescott region through its various subsidiary railroads. On December 28, 1911, the line was merged into the non-operating subsidiary (paper railroad) of the Atchison, Topeka & Santa Fe Railway, known as the California, Arizona & Santa Fe Railway.
Currently, the segment from Ash Fork to Phoenix is managed by the BNSF Railway. Due to its numerous winding curves and bridges, the route earned the nickname "Peavine." In the 1960s, the AT&SF constructed a new line to circumvent the most challenging grades and curves, which bypassed the city of Prescott and was referred to as the New Peavine Bypass. The SFP&P was chartered on May 27, 1891, with construction commencing on August 17, 1892, from the Atlantic & Pacific connection at Ash Fork. By April 1893, trains were operational between Ash Fork and Prescott, and on March 13, 1895, the line was fully extended to Phoenix.
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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