Pacific Land Improvement Co. - circa 1880's Unissued Los Angeles, California Stock Certificate - Part of the Atchison, Topeka and Santa Fe Railroad System
Inv# AT72a Stock
Unissued Stock. In 1887, the Pacific Land Improvement Company founded the city of Claremont, California, which was probably named for Claremont, New Hampshire, hometown of one of the company's directors.
The Atchison, Topeka and Santa Fe Railway (reporting mark ATSF), often referred to as the Santa Fe or AT&SF, was one of the largest Class 1 railroads in the United States. The Santa Fe was a pioneer in intermodal freight transport; at various times, it operated an airline, the short-lived Santa Fe Skyway, and the fleet of Santa Fe Railroad Tugboats. Its bus line extended passenger transportation to areas not accessible by rail, and ferryboats on the San Francisco Bay allowed travelers to complete their westward journeys to the Pacific Ocean. The AT&SF was the subject of a popular song, Harry Warren and Johnny Mercer's "On the Atchison, Topeka and the Santa Fe", written for the film The Harvey Girls (1946). The railroad officially ceased operations on December 31, 1996, when it merged with the Burlington Northern Railroad to form the Burlington Northern and Santa Fe Railway. Read more at https://en.wikipedia.org/wiki/Atchison,_Topeka_and_Santa_Fe_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.
Ebay ID: labarre_galleries