Missoula and Hamilton Railway Co. - Unissued Montana Railroad Stock CertificateInv# NP1036 Stock
Unissued Stock printed by J. W. Middleton & Company. Branch Line of the Northern Pacific Railroad. Missoula is a city in the U.S. state of Montana; it is the county seat of Missoula County. It is located along the Clark Fork River near its confluence with the Bitterroot and Blackfoot Rivers in western Montana and at the convergence of five mountain ranges, thus it is often described as the "hub of five valleys". The 2020 United States Census shows the city's population at 73,489 and the population of the Missoula Metropolitan Area at 117,922. After Billings, Missoula is the second-largest city and metropolitan area in Montana. Missoula is home to the University of Montana, a public research university.
Intercity rail travel was available from 1883, when the Northern Pacific Railway began service through Missoula, until 1979 when Amtrak discontinued its North Coast Hiawatha route across southern Montana. In 1901, Northern Pacific built their station at the terminus of Higgins Avenue; since 1985, it has been on the National Register of Historic Places. The Chicago, Milwaukee, St. Paul and Pacific Railroad also built their "Pacific Extension" through Missoula, and that station was also listed on the National Register of Historic Places in 1982. Read more at https://en.wikipedia.org/wiki/Missoula,_Montana
Hamilton is a city that serves as the county seat of Ravalli County, Montana, United States. The population was 4,659 at the 2020 census. Hamilton was founded by copper king Marcus Daly in the late 19th century. It was named for J.W. Hamilton, who provided the right-of-way to the railroad. Daly is said to have wanted to begin business in the then county seat of Grantsdale, but was denied the opportunity. He supposedly founded Hamilton out of his own pocket as a reaction to being rebuffed at Grantsdale. Read more at https://en.wikipedia.org/wiki/Hamilton,_Montana
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.