New Hampshire Turnpike Road - Payment CertificateInv# ES1062A Stock
Early Stock in the New-Hampshire Turnpike Road. Issued to Cap'n. Charles Treadwell.
The New Hampshire Turnpike System is a system of 93 miles (150 km) of limited-access highway, 36 miles (58 km) of which are part of the National Highway System, within the U.S. state of New Hampshire. The Turnpike System is managed by the New Hampshire Department of Transportation (NHDOT) Bureau of Turnpikes.
There were a number of turnpikes built in New Hampshire during the period of 1796 to 1830, totaling 500 miles (800 km) in length. These were toll roads for horse traffic, which were built by private companies. Such early turnpikes included:
- First New Hampshire Turnpike – 36 miles (58 km) from Durham to Concord, now part of U.S. Route 4.
- Second New Hampshire Turnpike – Claremont to Amherst. Parts of the route are incorporated in the current NH 31 and NH 47.
- Third New Hampshire Turnpike – from Walpole through Keene to Townsend, Massachusetts. The road followed much of what is now NH 124.
- Chester Turnpike Road – from Pembroke through Allenstown and Candia to Chester.
- Coos Turnpike Road – from Haverhill through Piermont to Warren.
- Grafton Turnpike Road – from Orford to Andover.
- Londonderry Turnpike Road – from Concord to Windham and Salem, via Londonderry. NH 28 Bypass is officially named Londonderry Turnpike.
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.