Sharon Railway - 1881-1892 dated Pennsylvania Railroad Stock Certificate
Inv# RS2617 Stock
Stock with superb triple vignette and borders. Rare! Also available unissued at a lesser price. Please inquire if interested. The Sharon Railway was established on July 16, 1873, under the general laws of Pennsylvania. It operated from Pymatuning to Sharon, with branch lines extending from Boyce to Sharpsville and from Ferrona to New Castle. In total, the company managed more than 32 miles of railway track. The Sharon Railway was a crucial part of Erie’s main line connecting Pymatuning and Sharon. Later on, it merged with the Sharpsville, Wheatland, Sharon and Greenfield Railroad Company, as well as the New Castle and Shenango Valley Railroad Company. Eventually, it became part of the New Castle Northern Railway Company due to foreclosure and subsequent mergers.
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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