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Kansas and Nebraska Railway Co. - 1876 dated Kansas and Nebraska Railroad Stock Certificate

Inv# RS5561   Stock
State(s): Kansas
Years: 1876
Color: Black Print

Stock printed by Charles F. Ketchum, N.Y. This railroad operated from 1876 to 1877 and then became part of the St. Joseph and Western Railroad. It then became a part of the St. Joseph and Marysville Railroad, then the St. Joseph and Grand Island Railway.

The St. Joseph and Grand Island Railroad (SJ&GI) had its start as the St Joseph and Denver City Railroad which, after several changes of destination, was completed as the St Joseph and Western (SJ&W) between St Joseph, Missouri and Hastings, Nebraska in 1872. Seven years later, the Hastings and Grand Island Railroad was built between its namesake cities and promptly sold to the SJ&W, giving that railroad a connection to the Union Pacific Railroad at Grand Island. The SJ&W ran into financial difficulties, eventually falling into bankruptcy in 1884. The Union Pacific brought the railroad out of bankruptcy in 1885, reorganizing it as St Joseph and Grand Island Railroad. Read more at https://en.wikipedia.org/wiki/St._Joseph_and_Grand_Island_Railway

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: $33.00