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Green Bay and Lake Pepin Railway Co. - 1860's dated Unissued Railroad Stock Certificate

Inv# RS4542   Stock
State(s): Wisconsin
Years: 186-

Unissued Stock. The Green Bay and Western Railroad (reporting mark GBW) served central Wisconsin for almost 100 years before it was absorbed into the Wisconsin Central in 1993. For much of its history the railroad was also known as the Green Bay Route. At the end of 1970 it operated 255 miles of road on 322 miles of track; that year it reported 317 million ton-miles of revenue freight.

The Green Bay and Western Railroad was formed in 1896 from the bankruptcy proceedings of the Green Bay, Winona & St Paul and the Kewaunee, Green Bay and Western. The existing route, originally built by the Green Bay and Lake Pepin Railroad, linking Green Bay, Wisconsin, and East Winona, Wisconsin, formed the bulk of the new railroad. The Green Bay and Western acquired on August 1, 1906 a majority of shares/interest in the Ahnapee and Western Railway. The GBW established in 1929 the Western Refrigerator Line Company (WRX) to operate a 500-car fleet of reefers. Passenger traffic ceased in April 1949. The Line had carried 50,000 passengers yearly in the 1870s, 310,000 in 1915 but only 1,000 in 1947 having reverted to mixed trains. The Green Bay and Western sold off the Ahnapee and Western Railway to Vernon M. Bushman and a group of private investors on May 31, 1947. The Itel Corporation purchased the Green Bay & Western in 1978. The Green Bay & Western and the Fox River Valley Railroad were merged into a new Wisconsin Central subsidiary, the Fox Valley and Western Railroad August 27, 1993. Wisconsin Central was, in turn, purchased by Canadian National railway in 2001. Read more at https://en.wikipedia.org/wiki/Green_Bay_and_Western_Railroad

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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: $45.00