Terminal Railroad of East St. Louis - Transferred to Jay Gould - Stock Certificate

Inv# AG1299 Stock

State(s): Missouri

Years: 1888

Jay Gould (1836-1892), Financier, Railroad executive. Involved in numerous railroads, he gained control of the Erie Railroad. In the fall of 1869 Gould, along with James Fisk, Peter Sweeney, and William Tweed, looted the Erie by stock-watering measures, carried out a raid on the credit, produce and export markets, and tried to corner the gold market. This brought on the Black Friday panic. This 1888 stock is transferred to Gould and not signed by him. Rare!

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.

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