New York, Susquehanna and Western Railroad Co. - 1955 dated Railway Stock Certificate
Inv# RS5365 Stock
Pennsylvania
Larger size Stock measures 14" x 10". Printed by American Bank Note Company. The New York, Susquehanna and Western Railway (reporting mark NYSW), also sometimes referred to as New York, Susquehanna and Western Railroad, Susie-Q or the Susquehanna, is a Class II American freight railway operating over 400 miles (645 km) of track in three Northeastern states, New Jersey, New York, and Pennsylvania.
The railway was formed in 1881 from the merger of several smaller railways ("railroads" in American English). Passenger service in North Jersey was offered until 1966. The railway was purchased by the Delaware Otsego Corporation in 1980, and saw success during the 1980s and 1990s in the intermodal freight transport business.
A southern division of the railway runs from Jersey City, New Jersey to Binghamton, New York, and a northern division, formed by two branches north of Binghamton, serves Utica and Syracuse. Read more at https://en.wikipedia.org/wiki/New_York,_Susquehanna_and_Western_Railway
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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