Missouri, Kansas and Texas Railway Co. - The Katy - 1870's-80's dated Railroad Stock Certificate
Inv# RS1129 Stock
Missouri
New York
Texas
Railroad Stock. Center vignette of cattle at watering hole & small angelic figures at top corners. A classic! Now becoming scarce!!! Available in Purple or Green. Please specify color.
The Missouri–Kansas–Texas Railway, known by the reporting mark MKT, was a former Class I railroad in the United States, with its final headquarters situated in Dallas. Established in 1865 as the Union Pacific Railway, Southern Branch, it developed an extensive rail network across Texas, Oklahoma, Kansas, and Missouri. In 1988, the MKT merged with the Missouri Pacific Railroad and is now part of the Union Pacific Railroad. During the 1890s, the MKT was commonly referred to as "the K-T," which indicated its Kansas-Texas division within the Missouri Pacific Railroad and its stock exchange symbol, "KT." This designation ultimately led to its widely recognized nickname, "the Katy."
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.
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