Peoples Traction Co. of Philadelphia - 1894 dated Pennsylvania Railway Stock Certificate - With Stains
Inv# RS4850 Stock
Orange Variety has many stains. Green also available fully issued. Stock printed by American Bank Note Company, Philadelphia. Available Issued or Unissued for a lessor price. Inquire for price. Willow Grove Park was an amusement park located in Willow Grove, Pennsylvania (the part which is in Abington Township), United States, that operated for eighty years from 1896 until the 1975 season. It was generally an alternative to the Woodside Amusement Park in Fairmount Park until its closure. The park operated under the name Six Gun Territory from 1972. After closure, announced in April 1976, the park sat vacant until the land was cleared for a large shopping mall known as Willow Grove Park Mall, which opened in August 1982. The mall pays homage to its predecessor by displaying banners and other objects which hark back to the land's days as an amusement park; a merry-go-round built and installed in 2001 operates within the mall.
The park originally was conceived by one of the three Philadelphia area traction companies, the Peoples Traction Company, as a means to encourage weekend customers on the trolley line, a practice that led to the coining of the term trolley park. Willow Grove was one of the premier amusement parks in the United States for a long time, until it was eclipsed by the openings of Disneyland and other more modern theme parks beginning in the 1950s. Read more at https://en.wikipedia.org/wiki/Willow_Grove_Park
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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