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Concord and Portsmouth Railroad - 1874 dated New Hampshire Railway Stock Certificate

Inv# RS5187   Stock
Concord and Portsmouth Railroad - 1874 dated New Hampshire Railway Stock Certificate
State(s): New Hampshire
Years: 1874

Stock printed by Thomas Groom & Co., Stationers, Boston. Rare! The Portsmouth and Concord Railroad (later the Concord and Portsmouth Railroad) was a railroad in New Hampshire (United States) that existed under various names from 1845 to 1945.

By 1845 the state of New Hampshire had three north-south routes, all starting in Massachusetts and leading, respectively, to the capital of Concord, through southeastern New Hampshire to Maine by way of Dover, and along the coast via Portsmouth to Maine. However, a large gap existed between the Boston-Concord line and the Boston & Maine line through Dover. In response, two railway companies were founded in July 1845: the Portsmouth, New Market and Concord Railroad, and the Portsmouth, New Market and Exeter Railroad. Both were given the concession to construct and operate a rail line from Portsmouth to a point on the Concord Railroad between Manchester and Concord called Bow Junction. The companies merged on December 23, 1845, forming the Portsmouth and Concord Railroad. On July 10, 1846 the railroad was granted a license for a branch line from Hooksett to Suncook, then on June 23, 1848 a license for a branch line from Manchester to Candia. Read more at https://en.wikipedia.org/wiki/Portsmouth_and_Concord_Railroad

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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.
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