2,000 Shares Gulf and Ship Island Railroad Co. - 1913 dated Railway Stock Certificate - High Denomination of Shares
Inv# HD1052 Stock2,000 shares Stock printed by Franklin Bank Note Co. New York. Nice bold train vignette! The Gulf and Ship Island Railroad (G&SI) was built in Mississippi, USA, at the beginning of the 20th century to facilitate the commercial harvesting of extensive southern yellow pine forests. Despite facing economic challenges, entrepreneurs William H. Hardy and Joseph T. Jones managed to complete the construction of the railroad. This development led to the establishment of a seaport and the growth of cities along its path.
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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