Central Washington Railroad Co. - Northern Pacific Archive - Circa 1880's Unissued Railroad Stock Certificate - Washington TerritoryInv# NP1045 Stock
Unissued Stock. The Central Washington Railroad (reporting mark CWRR) is a common freight carrier that operates in the Yakima, Washington area. The shortline railroad operates 80 miles (130 km) on two routes in the Yakima River valley and is owned by the Temple family, which also owns the Columbia Basin Railroad. The CWRR's northern route connects the communities of Fruitvale, Yakima, Union Gap and Moxee City. The CWRR's southern route connects the communities of Granger, Sunnyside, Grandview and Prosser. Read more at https://en.wikipedia.org/wiki/Central_Washington_Railroad
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.