Northern Pacific Steamship Co. - Unissued Steamship Stock Certificate - Washington State - Northern Pacific ArchiveInv# NP1056 Stock
Unissued Stock. SS Parthia is one of the ships under the Northern Pacific Steamship Company.
The SS Parthia (1870–1956) was an iron-hulled transatlantic ocean liner built for the Cunard Line by William Denny and Brothers in Dumbarton, Scotland. Her sister ships were the Abyssinia and Algeria. Unlike her two sisters, Parthia was smaller, built in a different shipyard and had a slightly different funnel arrangement. The Parthia was retired by Cunard in 1883 and sold to John Elder & Co., who subsequently transferred her to the Guion Line. After serving with the Guion Line and operating on trans-Pacific routes with the Canadian Pacific Railway Company, she was refitted and renamed Victoria.
Under her new owners, the Northern Pacific Steamship Company, Victoria began operating out of Puget Sound in Washington state. In 1898, she was resold to the North American Mail Steamship Company and transferred to American registry. As a result of this, she was used as a troopship in the Spanish–American War, carrying troops to Manila in the Philippines. In 1900, she served with various owners along a route from Puget Sound to Nome, Alaska until she ended up with the Alaska Steamship Company in 1908. Victoria was then operated between San Francisco, California, and Nome, Alaska, via Seattle, Washington. In 1924, the Victoria, now 54 years old, underwent a refit, which added oil-fired boilers, larger superstructure and an enclosed bridge to her superstructure. A 1933 brochure by The Alaska Steamship Company gives the following information. Length: 370 feet. Breadth: 40 feet. Displacement: 6670 tons. Gross: 3868 tons. Read more at https://en.wikipedia.org/wiki/SS_Parthia_(1870)
The Northern Pacific Railway (reporting mark NP) was a transcontinental railroad that operated across the northern tier of the western United States, from Minnesota to the Pacific Northwest. It was approved by Congress in 1864 and given nearly 40 million acres (62,000 sq mi; 160,000 km2) of land grants, which it used to raise money in Europe for construction.
Construction began in 1870 and the main line opened all the way from the Great Lakes to the Pacific when former President Ulysses S. Grant drove in the final "golden spike" in western Montana on September 8, 1883. The railroad had about 6,800 miles (10,900 km) of track and served a large area, including extensive trackage in the states of Idaho, Minnesota, Montana, North Dakota, Oregon, Washington, and Wisconsin. In addition, the NP had an international branch to Winnipeg, Manitoba, Canada. The main activities were shipping wheat and other farm products, cattle, timber, and minerals; bringing in consumer goods, transporting passengers; and selling land. Read more at https://en.wikipedia.org/wiki/Northern_Pacific_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.