St Louis, Alton and Terre Haute Railroad - Signed by George Foster Peabody - 1890's dated Railway Stock Certificate
Inv# RS1196 Stock
Indiana
Railroad Stock. Rich superb vignette of train in station. Exceptional quality stock by Franklin Bank Note Co. Signed by George Foster Peabody. Great!
George Foster Peabody (July 27, 1852 – March 4, 1938) was an American banker and philanthropist. Read more at https://en.wikipedia.org/wiki/George_Foster_Peabody
This railroad operated from 1862 to 1904 and then became part of the Illinois Central Railroad. The Illinois Central Railroad (reporting mark IC), sometimes called the Main Line of Mid-America, was a railroad in the Central United States, with its primary routes connecting Chicago, Illinois, with New Orleans, Louisiana, and Mobile, Alabama, and thus, the Great Lakes to the Gulf of Mexico. A line also connected Chicago west to Sioux City, Iowa (1870). There was a significant branch to Omaha, Nebraska (1899), west of Fort Dodge, Iowa, and another branch reaching Sioux Falls, South Dakota (1877), starting from Cherokee, Iowa. The IC also serviced Miami, Florida, on trackage owned by other railroads. Read more at https://en.wikipedia.org/wiki/Illinois_Central_Railroad
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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