9,691 Shares of St. Joseph, St. Louis and Santa Fe Railway Co. - 1888 dated Stock Certificate
Inv# HD1079 Stock9,691 shares Stock printed by Kansas Publishing House, Topeka. Certificate #10! Slight staining at stub. Operational from 1888 until 1900, it subsequently became part of the Atchison, Topeka & Santa Fe Railway (reporting mark ATSF), commonly known as the Santa Fe or AT&SF, which was one of the largest Class 1 railroads in the United States from 1859 to 1996. The Santa Fe was a trailblazer in intermodal freight transport; at different points in time, it managed an airline, the briefly operational Santa Fe Skyway, and a fleet of Santa Fe Railroad Tugboats. Its bus service expanded passenger transport to regions inaccessible by rail, while ferryboats on San Francisco Bay enabled travelers to finalize their westward journeys to the Pacific Ocean.
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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