Cairo and Fulton Railroad Co.- Unissued Railway Stock Certificate of Missouri, Arkansas and Texas
Inv# RS2313 StockMissouri
Texas
Unissued Stock printed by Hatch & Co., New York. Superb vignettes and beautiful shade of cranberry color! Mint Condition and one of the prettiest stocks we’ve seen.
This railway was in operation from 1853 to 1874 before evolving into the St. Louis, Iron Mountain and Southern Railway. The St. Louis, Iron Mountain and Southern Railway, often referred to as the Iron Mountain, was an American railway entity that functioned from 1856 until its merger with the Missouri Pacific Railroad in 1917. Initially, the Iron Mountain was created to transport iron ore from Iron Mountain to St. Louis, Missouri. It was once owned by Henry Gudon Marquand and his brother, Frederick Marquand, who were ultimately ousted due to Jay Gould's railroad monopoly. In 1883, Jay Gould acquired the railway, integrating it into a vast network spanning 9,547 miles (15,364 km). On May 12, 1917, the company was officially merged into the Missouri Pacific Railroad, which subsequently merged with the Union Pacific Railroad between 1982 and 1997. The railway experienced two notable robberies: the first by the James-Younger Gang on January 31, 1874, at Gad's Hill, and the second by the 'One-Time Train Robbery Gang' on November 3, 1893, at Olyphant, Arkansas.
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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