Chicago, Rock Island and Pacific Railway Co. - 1938 dated Railroad Stock Certificate
Inv# RS5484 Stock
New York
Stock printed by Quayle & Son, New York. The original Chicago, Rock Island and Pacific Railroad (CRI&P RW, sometimes called Chicago, Rock Island and Pacific Railway) (reporting marks CRIP, RI, ROCK) was an American Class I railroad. It was also known as the Rock Island Line, or, in its final years, The Rock.
At the end of 1970, it operated 7,183 miles of road on 10,669 miles of track; that year it reported 20,557 million ton-miles of revenue freight and 118 million passenger miles. (Those totals may or may not include the former Burlington-Rock Island Railroad.)
Its predecessor, the Rock Island and La Salle Railroad Company, was incorporated in Illinois on February 27, 1847, and an amended charter was approved on February 7, 1851, as the Chicago and Rock Island Railroad. Construction began in Chicago on October 1, 1851, and the first train was operated on October 10, 1852, between Chicago and Joliet. Construction continued on through La Salle, and Rock Island was reached on February 22, 1854, becoming the first railroad to connect Chicago with the Mississippi River. Read more at https://en.wikipedia.org/wiki/Chicago,_Rock_Island_and_Pacific_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.
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