Pittsburgh, McKeesport and Youghiogheny Railroad Co. Issued to Pittsburgh Locomotive and Car Works - Autographed Stocks and Bonds
Inv# AG2490 Stock
State(s):
Pennsylvania
Years:
1885
Stock issued to Pittsburgh Locomotive and Car Works.
The Pittsburgh Locomotive and Car Works was a railroad equipment manufacturing company founded by Andrew Carnegie and T.N. Miller in 1865. It was located in Allegheny, Pennsylvania, a suburb of Pittsburgh and since 1907 part of that city. It repaired an early locomotive known as Bausman's Rhinoceros in April 1867. Starting in the 1870s under its superintendent and general manager Daniel A. Wightman, it became known for its production of large locomotives. Its engines were shipped around the world, including India and Japan. By 1901, when Pittsburgh had merged with seven other manufacturing companies to form American Locomotive Company (ALCO), Pittsburgh had produced over 2,400 locomotives. In March 1919, ALCO closed the Pittsburgh facility.Condition:
Excellent
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.
Item ordered may not be exact piece shown. All original and authentic.
Ebay ID: labarre_galleries