2,993 Shares of Hooverhurst and South Western Railroad Co. - 1902 dated Stock Certificate
Inv# HD1053 Stock2,993 shares Stock printed by National Seal Works, Richmond, VA. Cut cancelled.
This railroad operated from 1902 to 1913 and then became part of the Beech Creek Extension Railroad till 1961. Then, became part of the New York Central Railroad. The New York Central Railroad (reporting mark NYC) was a railroad primarily operating in the Great Lakes and Mid-Atlantic regions of the United States. The railroad primarily connected greater New York and Boston in the east with Chicago and St. Louis in the Midwest, along with the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, Rochester and Syracuse. New York Central was headquartered in New York City's New York Central Building, adjacent to its largest station, Grand Central Terminal. Read more at https://en.wikipedia.org/wiki/New_York_Central_Railroad
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.
Ebay ID: labarre_galleries