Brainerd & Northern Minnesota Railway Company - Stock CertificateInv# NP1018 Stock
MN, 1892-99, Stock. Printed by Dameron, Amberg & Co. Also available unissued at a lesser price. Please inquire if interested.
The Minnesota and International Railway was a subsidiary of the Northern Pacific Railway (reporting mark NP), a railway that operated in the western United States along the Canada–United States border. In 1970, the Northern Pacific merged with other lines to form the Burlington Northern Railroad.
This road began as a conglomeration of logging lines in north central Minnesota, along with the Northern Pacific's own nascent Brainerd and Northern, begun circa 1892 to build north to the border with Canada.
On July 17, 1900, the Northern Pacific formed the Minnesota and International to control these lines as a through-route between its terminal at Brainerd, Minnesota, and the border with Canada at International Falls, Minnesota. The line formed a 200-mile north–south route via Bemidji, Minnesota. An early 20th century train derailment two miles north of Nisswa Minnesota left multiple box cars sunken in the soil which remain buried today at a depth of approximately 15 feet underneath what is now the Paul Bunyan State Trail.
The corporate entity was folded into its parent company on October 22, 1941, and was operated as the Eighth Sub-division of the Northern Pacific's Lake Superior Division. Division headquarters were in Duluth, Minnesota.
In 1950, the Northern Pacific published a summary of branch line earnings for the system, Form 7251. For the Lake Superior Division, these totals were:
Lake Superior Division
$1,380,797 International Falls
$5,610,961 Lake Superior Total
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.