Schenectady Railway Co. - 1943-1951 dated Railroad Stock Certificate - New York
Inv# RS5546 Stock
Stock printed by Columbian Bank Note Company. Some with clipped corner for lesser price. Please inquire if interested. The Schenectady Railway Co. had local lines and interurban lines serving Albany, Ballston Spa, Saratoga Springs and Troy. There was also a line from Gloversville, Johnstown, Amsterdam, and Scotia into Downtown Schenectady operated by the Fonda, Johnstown, and Gloversville Railroad. The nearly 200 leather and glove companies in the Gloversville region generated considerable traffic for the line. Sales representatives carrying product sample cases began their sales campaigns throughout the rest of the country by taking the interurban to reach Schenectady's New York Central Railroad station, where they connected to trains to New York City, Chicago and points between.
Schenectady is a city in Schenectady County, New York, United States, of which it is the county seat. As of the 2020 census, the city's population of 67,047 made it the state's ninth-most populous city and the twenty-fifth most-populous municipality by population. The city is in eastern New York, near the confluence of the Mohawk and Hudson rivers. It is in the same metropolitan area as the state capital, Albany, which is about 15 miles (24 km) southeast. Read more at https://en.wikipedia.org/wiki/Schenectady,_New_York
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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