Chicago, Rock Island and Pacific Railway Co. - dated 1915-16 Railroad Stock Certificate
Inv# RS1038 StockIowa
Railroad Stock. Most with 2 rows of hole cancellations, still very attractive. Superb train vignette at top center of locomotive 'America'. Nice!!! Available in Green or Orange. Please specify color. The 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.) The song "Rock Island Line", a spiritual from the late 1920s first recorded in 1934, was inspired by the railway.
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. In Iowa, the C&RI's incorporators created (on February 5, 1853) the Mississippi and Missouri Railroad Company (M&M), to run from Davenport to Council Bluffs, and on November 20, 1855, the first train to operate in Iowa steamed from Davenport to Muscatine. The Mississippi River bridge between Rock Island and Davenport was completed on April 22, 1856. 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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