Missouri, Kansas and Texas Railway Co. - "The Katy" - dated 1870's-80's Railroad Stock Certificate
Inv# RS1129 StockMissouri
New York
Texas
Railroad Stock. Center vignette of cattle at watering hole and small angelic figures at top corners. A classic! Now becoming scarce!!! Available in Purple or Green. Please specify color.
The Missouri–Kansas–Texas Railway (reporting mark MKT) is a former Class I railroad company in the United States, with its last headquarters in Dallas. Established in 1865 under the name Union Pacific Railway, Southern Branch, it came to serve an extensive rail network in Texas, Oklahoma, Kansas, and Missouri. In 1988, it merged with the Missouri Pacific Railroad; today, it is part of Union Pacific Railroad. In the 1890s the MKT was commonly referred to as "the K-T", because it was the Kansas-Texas division of the Missouri Pacific Railroad and "KT" was its stock exchange symbol. This soon evolved into the nickname "the Katy". Read more at: https://en.wikipedia.org/wiki/Missouri%E2%80%93Kansas%E2%80%93Texas_Railroad
Presidents of the Missouri–Kansas–Texas Railroad:
- Judge Levi Parsons, prior to 1878.
- Jay Gould, 1880.
- George J. Gould, 1886-1887.
- Henry C. Rouse, -1904
- Frederick N. Finney, 1904-1906
- Adrian H. Joline 1906-
- Charles E. Schaff, 1912-1926.
- Charles N. Whitehead, 1926.
- Columbus Haile, 1927-1930.
- Michael H. Cahill, 1930-1934.
- Matthew S. Sloan, 1934-1945.
- Donald V. Fraser, 1945-1956.
- William N. Deramus III, 1957-1961.
- Charles T. Williams, 1961-1965.
- John W. Barriger III, 196-1970.
- Reginald N. Whitman, 1970-1975.
- Harold L. Gastler, 1975-1988.
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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