New-York Central Railroad Co. Transfer Issued to but not Signed by William G. Fargo - 1867 dated Railroad Autograph
Inv# AG2701 Stock
William G. Fargo (1818-1881), Expressman, First co-owner of Wells & Co., Secretary of American Express (1850), helped organize Wells, Fargo & Co. for express service to California (1852). By 1855 the company controlled Western express business, carrying gold dust, mail, packages, and passengers. Wells Fargo and associated express companies were united as the American Express Co. in 1873, with Fargo as president.He also served as Buffalo Mayor from 1862-66.
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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