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1920's-early 40's dated Consolidated Railroads of Cuba - Ferrocarriles Consolidados de Cuba - Stock Certificate

Inv# FS1024   Stock
Country: Cuba
Years: 1920's-early 40's
Color: Green or Brown

Superb train vignette in circle and 2 plantation scenes in the background. Double text in English and Spanish. A classic!!! Scarce!!! Available in Green or Brown. Please specify color.

The Budd Rail Diesel Car (RDC), also known as the Budd car or Buddliner, is a self-propelled diesel multiple unit (DMU) railcar. Between 1949 and 1962, 398 RDCs were built by the Budd Company of Philadelphia, Pennsylvania, United States. In the 1950s, both major railway companies in Cuba purchased RDCs. Consolidated Railways of Cuba (Ferrocarriles Consolidados de Cuba) ordered 11 RDC-1s and 5 RDC-2s in 1950. These operated either singly or in multiple units of up to three cars. The Western Railways of Cuba (Ferrocarriles Occidentales de Cuba) ordered four RDC-1s and six RDC-3s in 1956–57. The cars remained in use after the Cuban Revolution with the Ferrocarriles de Cuba and operated into the 1980s. At least one Cuban RDC-1 still existed in 2017, stripped of all mechanical components and serving as a passenger coach. Read more at https://en.wikipedia.org/wiki/Budd_Rail_Diesel_Car#Cuba

Ferrocarriles de Cuba (FCC) or Ferrocarriles Nacionales de Cuba (English: National Railway Company of Cuba), provides passenger and freight services for Cuba. American-born Canadian railway builder Sir William Cornelius Van Horne helped expand Cuba's railway network in the early 20th century. He was an investor in the Cuba Railroad Company (founded 1900). In 1924 Ferrocarriles Consolidados de Cuba was created from a dispute between Ferrocarriles Consolidados de Cuba and Ferrocarriles de Cuba.

Other railway companies formed and merged in the 1920s:

  • Ferrocarriles del Norte de Cuba 1916
  • Ferrocarril Espirituano Tunas de Zaza
  • Ferrocarril Guantánamo y Occidente

From 1940 to 1959, Cuba's railway system was modernized by the acquisition of train stock from Budd and Fiat. These trains provided medium-speed self-propelled (diesel) four-car service on the main line between Havana and Santiago de Cuba. Also after World War II, a large network of diesel intercity buses was created with four or five major carriers competing in the east–west corridor between Havana and the provinces to the east. A few sugar factories switched over to diesel-electric locomotives to haul freight. In 1958, Cuba had more railway trackage per square mile than any other country. Read more at https://en.wikipedia.org/wiki/National_Railway_Company_of_Cuba

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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.
Price: $35.00