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Drummond and Philipsburg Railroad Co. - 1880's dated Unissued Montana Railway Stock Certificate - Northern Pacific Railroad

Inv# NP1037   Stock
State(s): Montana
Years: 1800s
Color: Black Print

The Drummond and Philipsburg Railroad started operations in 1887 and stopped service in 1888 for a total period of operations of 1 year. After the Civil War railroads exploded in the US with hundreds of lines starting service all over the country. This was the the age of steam locomotives and rail travel was still a luxury. Drummond and Philipsburg Railroad items from this time period can be very valuable and items of most types that predate 1900 will be valuable if they are in good condition.

Many collectors are looking for antique railroadiana that dates before 1900 so there is a strong market for anyone looking to sell. Drummond and Philipsburg Railroad only operated in 1 state which is indicative of smaller lines, or in some cases lines in larger states. Many one state railroads are short line railroads that didn't have large areas of coverage or large promotional budgets so items from them are likely to be somewhat rare and could be worth more if the railroad didn't exist for long or if it didn't produce many collectible items. Drummond and Philipsburg Railroad Operated Routes in the Following States: Montana. Also available unissued at a lesser price. Please inquire if interested.

The Northern Pacific Railway (reporting mark NP) was a transcontinental railroad that operated across the northern tier of the western United States, from Minnesota to the Pacific Northwest. It was approved by Congress in 1864 and given nearly forty million acres (62,000 sq mi; 160,000 km2) of land grants, which it used to raise money in Europe for construction. Read more at https://en.wikipedia.org/wiki/Northern_Pacific_Railway

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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: $30.00