Cornelius Vanderbilt - Spuyten Duyvil & Port Morris RR - Stock CertificateInv# AG1155
Cornelius Vanderbilt (1843-1899), Railroad Financier, Philanthropist, Son of William H. Vanderbilt and Grandson of Commodore Cornelius Vanderbilt. He served as President of the New York and Harlem Railroad from 1886 until his death. He was a conscientious worker and a director of many corporations. Cornelius Vanderbilt signs this 1886 stock as Vice President. Signature is hole cancelled but reasonably clear. No margin at bottom otherwise Excellent Condition.
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.