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Issued to Milton S. Hershey Trust Co. - Hershey Chocolate related Northern Central Railway Co. - 1953-57 dated Railroad Stock Certificate

Inv# AG2436   Stock
State(s): Maryland
Pennsylvania
Years: 1953-57
Color: Brown or Purple

Stock issued to "Hershey Trust Company Trustee in Trust for Milton Hershey". Not signed. Available in Brown or Purple. Please specify color.

Milton Snavely Hershey (September 13, 1857 – October 13, 1945) was an American chocolatier, businessman, and philanthropist. Trained in the confectionery business, Hershey pioneered the manufacture of caramel, using fresh milk. He launched the Lancaster Caramel Company, which achieved bulk exports, and then sold it to start a new company supplying mass-produced milk chocolate, previously a luxury good. The first Hershey bars were sold in 1900 and proved so popular that he was able to build his own company town of Hershey, Pennsylvania. Hershey's philanthropy extended to a boarding school, originally for local orphans, but accommodating around 2,000 students as of 2016. In World War II, the company developed a special non-melting bar for troops serving overseas. The Hershey Company, known as Hershey's, is one of the world's biggest confectionery manufacturers. Read more at https://en.wikipedia.org/wiki/Milton_S._Hershey

The Northern Central Railway (NCRY) was a Class I Railroad connecting Baltimore, Maryland with Sunbury, Pennsylvania, along the Susquehanna River. Completed in 1858, the line came under the control of the Pennsylvania Railroad (PRR) in 1861, when the PRR acquired a controlling interest in the Northern Central's stock to compete with the rival Baltimore and Ohio Railroad (B&O). For eleven decades the Northern Central operated as a subsidiary of the PRR until much of its Maryland trackage was washed out by Hurricane Agnes in 1972, after which most of its operations ceased as the Penn Central declined to repair sections. It is now a fallen flag railway, having come under the control of the later Penn Central (merger of the PRR and the New York Central), Conrail, and then broken apart and disestablished. The northern part in Pennsylvania is now the York County Heritage Rail Trail which connects to a similar hike/bike trail in Northern Maryland down to Baltimore, named the Torrey C. Brown Rail Trail. Trackage around Baltimore remains in rail service as well as most of the trackage in Pennsylvania which is operated by Norfolk Southern and the southernmost section in Pennsylvania is operated by the Northern Central heritage railway. Read more at https://en.wikipedia.org/wiki/Northern_Central_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: $43.50