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East Tennessee, Virginia and Georgia Railway Co. - Gorgeous Railroad Stock Certificate

Inv# RS2024   Stock
State(s): Georgia
Tennessee
Virginia
Years: 1886-88
Color: Brown, Green or Orange

Superb graphics!!! Extremely Rare!!! A very important Southern stock! Exceptional! Please specify color. The East Tennessee, Virginia and Georgia Railroad (ETV&G) was a rail transport system that operated in the southeastern United States during the late 19th century. Created with the consolidation of the East Tennessee and Virginia Railroad and the East Tennessee and Georgia Railroad in 1869, the ETV&G played an important role in connecting East Tennessee and other isolated parts of Southern Appalachia with the rest of the country, and helped make Knoxville one of the region's major wholesaling centers. In 1894, the ETV&G merged with the Richmond and Danville Railroad to form the Southern Railway.

While efforts to establish a railroad in East Tennessee began in the 1830s, financial difficulties stalled construction until the late 1840s. The East Tennessee and Georgia Railroad was built between 1847 and 1859, connecting Knoxville, Tennessee with Dalton, Georgia. The East Tennessee and Virginia Railroad was built between 1850 and 1856, connecting Knoxville with Bristol, Tennessee. Knoxville financier Charles McClung McGhee formed a syndicate which purchased both lines to form the ETV&G in 1869, and largely through McGhee's efforts, the new ETV&G bought out numerous other rail lines across the region. By 1890, the ETV&G controlled over 2,500 miles (4,000 km) of tracks in five states. Read more at https://en.wikipedia.org/wiki/East_Tennessee,_Virginia_and_Georgia_Railway

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Condition: Excellent

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: $190.00