East St. Louis Belt Railroad Co. - 1912-1953 dated Railway Stock Certificate
Inv# RS5485 Stock
Stock printed by Buxton & Skinner Lith, St. Louis. Certificate numbers 13 thru 31 available! Also available unissued for $25. Please specify type. This railroad consolidated into the Terminal Railroad Association of St. Louis (reporting mark TRRA) which is a Class III switching and terminal railroad that handles traffic in the St. Louis, Missouri, metropolitan area. It is co-owned by five of the six Class I railroads that reach the city. The Terminal Railroad Association is owned by BNSF Railway, Canadian National Railway (Illinois Central Railroad until 1999), CSX Transportation, Norfolk Southern Railway, and Union Pacific Railroad. All own one-seventh of the railroad except UP, which owns three-sevenths. The Terminal Railroad also connects with the Kansas City Southern Railway.
The TRRA owns and operates the MacArthur and Merchants bridges, the two Mississippi River railroad crossings in the St. Louis metropolitan area. In 2022, the TRRA completed a $222 million rebuild of the 1889 Merchants Bridge. In the same year, the TRRA began a $57.3 million renovation of the MacArthur Bridge that includes replacing the 1912 main span girders and rebuilding the Broadway truss in downtown St. Louis. The Association also owns and operates Madison Yard, the largest classification yard in the St. Louis region. The switching yard consists of 80 inbound, outbound, and holding tracks with a capacity of 2,200 cars. The company is planning to expand Madison Yard to hold another 1,500 railcars, for a yard total of 4,000. The railroad operates 30 locomotives to move cars around the yard, deliver cars to local industries, and ready trains for departure. Read more at https://en.wikipedia.org/wiki/Terminal_Railroad_Association_of_St._Louis
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.
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