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Atlanta, Birmingham and Atlantic Railway Co. - Stock Certificate

Inv# RS5056   Stock
Atlanta, Birmingham and Atlantic Railway Co. - Stock Certificate
State(s): Alabama
Georgia
Years: 1916-20's
Color: Brown or Green
Stock printed by Republic Bank Note Co., Pittsburgh, PA. Please specify color. The Atlanta, Birmingham and Atlantic Railway was formed in 1914 as a reorganization of the Atlanta, Birmingham and Atlantic Railroad, which had been created in 1905 to purchase the Atlantic and Birmingham Railway and extend its track into Birmingham, Alabama, from an end point at Montezuma, Georgia. The railroad went into receivership in 1921 and was acquired by the Atlantic Coast Line Railroad in 1926. They reorganized the line as the Atlanta, Birmingham and Coast Railroad. The Mangum Street embankment which ran north-south along Mangum Street (parallel to today's Northside Drive, but two blocks to the east), upon which trains reached the Atlanta terminus west of Downtown Atlanta, was built in 1905 and razed c. 1990 for construction of the Georgia Dome. The building was used as offices and passenger terminal for the AB&A in Atlanta is located at the corner of Fairlie and Walton Streets in downtown Atlanta. It is now used as offices for Central Atlanta Progress. The upper facade of the building retains the "Atlanta, Birmingham & Atlantic Railroad" stonework on two sides.
Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $65.00