9,990 shares of Geneva, Corning and Southern Railroad Co. - 1909 dated High Shares Railway Stock Certificate
Inv# HD1048 StockPennsylvania
9,990 shares Stock printed by International Bank Note Co., New York. On February 4, 1909, the Pine Creek was integrated with other components of the former Fall Brook system to establish the Geneva, Corning & Southern Railroad, which subsequently merged into the New York Central on December 22, 1914. The New York Central Railroad (reporting mark NYC) primarily operated in the Great Lakes and Mid-Atlantic regions of the United States, connecting the greater New York and Boston areas in the east with Chicago and St. Louis in the Midwest, as well as the intermediate cities of Albany, Buffalo, Cleveland, Cincinnati, Detroit, Rochester, and Syracuse. The headquarters of New York Central was located in the New York Central Building in New York City, adjacent to its largest station, Grand Central Terminal. Established in 1853, the railroad consolidated several existing companies. In 1968, NYC merged with its former competitor, the Pennsylvania Railroad, to create Penn Central. Following its bankruptcy in 1970, and with significant federal government assistance, it re-emerged as Conrail in 1976. Conrail was subsequently dismantled in 1999, with portions of its network transferred to CSX and Norfolk Southern Railway, where CSX acquired the majority of the old New York Central tracks and Norfolk Southern took over most of the old Pennsylvania lines.
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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