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Cape May and Millville Rail Road Co. - 1870's dated New Jersey Railway Stock Certificate

Inv# RS5028   Stock
State(s): New Jersey
Years: 1870's

Stock printed by P. S. Duval & Son Lit. Philad. Exceptional Vignette! Some staining. In 1863, a group of Cape May County investors was granted a charter by the state of New Jersey on March 9, 1863, to build the Cape May & Millville Railroad (CM&M). The first trains ran on August 23, 1863. Construction was completed in 1867, with the full line extending 41 miles (66 km). It was leased to the WJ in 1869; and fully merged into the WJ on August 27, 1879.

The West Jersey and Seashore Railroad (WJ&S) was a Pennsylvania Railroad subsidiary in the U.S. state of New Jersey with a connection to Philadelphia. It was formed through the merger of several smaller roads in May 1896. At the end of 1925 it operated 379 miles (610 km) of road on 717 miles (1,154 km) of track; that year it reported 166 million ton-miles of revenue freight and 332 million passenger-miles. The railroad became part of Pennsylvania-Reading Seashore Lines in 1933. Read more at https://en.wikipedia.org/wiki/West_Jersey_and_Seashore_Railroad

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: $169.50