Iowa Falls and Sioux City Rail Road Co. - Unissued Railway Stock Certificate
Inv# RS5270 Stock
Unissued Stock printed by Snyder, Black & Sturn, N.Y. The Iowa Falls and Sioux City Railroad was incorporated under Iowa laws on October 1, 1867. Platt SMITH working closely with management of the ILLINOIS CENTRAL RAILROAD formed the railroad as a subsidiary of the DUBUQUE AND SIOUX CITY RAILROAD. On July 8, 1870 a "golden spike" was driven three miles west of Storm Lake, Iowa signifying the completion of the 184-mile line. (2)
On October 27, 1888, the Iowa Falls and Sioux City Railroad was conveyed to the Dubuque and Sioux City Railroad.
The Sioux City and Pacific Railroad was a railroad in the U.S. states of Iowa and Nebraska. Built as a connection from Sioux City, Iowa to the Union Pacific Railroad at Fremont, Nebraska, it became part of the Chicago and North Western Railway system in the 1880s, and is now a main line of the Union Pacific (UP). The east–west portion from Fremont to Missouri Valley, Iowa, is the Blair Subdivision, carrying mainly westbound UP trains (most eastbounds use the Omaha Subdivision), and the line from California Junction, Iowa north to Sioux City is the Sioux City Subdivision.
In August 1867 the Cedar Rapids and Missouri River opened a branch from Missouri Valley Junction west to California Junction (sold to the Sioux City and Pacific in July 1871), where the Sioux City and Pacific, funded by the Cedar Rapids and Missouri River, began constructing its line north through the Missouri River Valley, reaching Sioux City in February 1868. The line from California Junction west to Fremont, Nebraska was completed in early 1869, initially crossing the Missouri River via a car ferry. From 1870 until July 1884, the Sioux City and Pacific operated the Fremont, Elkhorn and Missouri Valley Railroad, which continued northwest from Fremont into northwestern Nebraska. (The Illinois Central Railroad subsidiary Iowa Falls and Sioux City Railroad opened the first eastern connection to Sioux City in October 1870.) The Blair Bridge opened in late 1883, replacing the car ferry across the Missouri River. In 1884, the Chicago and North Western acquired control of the Cedar Rapids and Missouri River and the connecting Chicago, Iowa and Nebraska Railroad, which had jointly purchased the Sioux City and Pacific in 1880. Operations remained separate until August 1901, when the C&NW leased and soon merged the company into itself. (During the previous month, the Sioux City and Pacific had bought the incomplete roadbed of the Moville Extension Railway, which the C&NW completed that year, branching off the main line at Sergeant Bluff and connecting to an existing C&NW line at Moville.) Read more at https://en.wikipedia.org/wiki/Sioux_City_and_Pacific_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