Delaware Shore Railroad Co. - 1870's dated Unissued Railway Stock Certificate
Inv# RS2712 Stock
New Jersey
Unissued Stock. Printed by A.T. Zeising & Co. The West Jersey and Seashore Railroad (WJ&S) was a Pennsylvania Railroad subsidiary in the U.S. state of New Jersey with a connection to Philadelphia. It was formed through the merger of several smaller roads in May 1896. At the end of 1925 it operated 379 miles (610 km) of road on 717 miles (1,154 km) of track; that year it reported 166 million ton-miles of revenue freight and 332 million passenger-miles. The railroad became part of Pennsylvania-Reading Seashore Lines in 1933.
The Delaware River Railroad (DRR) was incorporated on February 20, 1873, as the Delaware Shore Railroad to build a line from Woodbury to Penns Grove. The line was opened in July 1876, but declared bankruptcy in January 1879 and reincorporated as the DRR. On April 30, 1900, the WJ&S acquired the DRR. Conrail's Penns Grove Secondary operates along the right of way. Read more at https://en.wikipedia.org/wiki/West_Jersey_and_Seashore_Railroad#Delaware_River_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.
Ebay ID: labarre_galleries