Cincinnati, Indianapolis, St. Louis and Chicago Railway Co. Transferred to E.H. Harriman - Stock CertificateInv# AG2329 Stock
Stock transferred to E.H. Harriman.
Edward Henry Harriman (February 20, 1848 – September 9, 1909) was an American financier and railroad executive. Harriman was born on February 20, 1848, in Hempstead, New York, the son of Orlando Harriman, Sr., an Episcopal clergyman, and Cornelia Neilson. He had a brother, Orlando Harriman, Jr. His great-grandfather, William Harriman, had emigrated from England in 1795 and became a successful businessman and trader.
As a young boy, Harriman spent a summer working at the Greenwood Iron Furnace in the area owned by the Robert Parker Parrott family that would become Harriman State Park. He quit school at age 14 to take a job as an errand boy on Wall Street in New York City. His uncle Oliver Harriman had earlier established a career there. By age 22, he was a member of the New York Stock Exchange. Read more at https://en.wikipedia.org/wiki/E._H._Harriman
The Cincinnati, Indianapolis, St. Louis and Chicago Railway (CISL&C) was a railroad in the United States. The CISL&C resulted from the 1880 corporate restructuring of the bankrupt Indianapolis, Cincinnati and Lafayette Railroad (IC&L). The CISL&C operated a railroad line from Cincinnati via Indianapolis to Lafayette, being the result of an 1867 merger of the Indianapolis and Cincinnati Railroad (I&C), the Lafayette and Indianapolis Railroad (L&I), and the Cincinnati and Indiana Railroad (C&I). The three predecessor companies had been founded in 1850, 1846, and 1861, respectively.
The CISL&C controlled and operated numerous subsidiary railway companies operating smaller branch lines. These included:
- Cincinnati, Lafayette and Chicago Railroad, which ran from Templeton, Indiana, to Kenkakee, Illinois. Most notably, through service (1872) with the Illinois Central Railroad via Kankakee, Illinois, eventually became the only Amtrak service that utilized Central Station in Chicago. (Amtrak moved to Union Station in 1972)
- Columbus, Hope and Greensburg Railroad from Columbus, Indiana, to Greensburg, Indiana
- Harrison Branch Railroad
In 1889, the railway merged with the Cleveland, Columbus, Cincinnati and Indianapolis Railway and the Indianapolis and St Louis Railway to form the Cleveland, Cincinnati, Chicago and St. Louis Railway, also known collectively as the Big Four. Read more at https://en.wikipedia.org/wiki/Cincinnati,_Indianapolis,_St._Louis_and_Chicago_Railway
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.