St. Louis, Lawrence and Western Railroad Co. - Unissued Railway Stock Certificate - Kansas and Missouri
Inv# AT98 Stock
Unissued Stock printed by Woodward, Tiernan & Hale, St. Louis. Operated in 1874. In 1877, a portion of the railroad from Pleasant Hill to De Soto was turned into Kansas City, Topeka and Western Railroad. Later part of the Atchison, Topeka and Santa Fe Railway (reporting mark ATSF), often referred to as the Santa Fe or AT&SF, which was one of the larger railroads in the United States. The railroad was chartered in February 1859 to serve the cities of Atchison and Topeka, Kansas, and Santa Fe, New Mexico. The railroad reached the Kansas–Colorado border in 1873 and Pueblo, Colorado, in 1876. To create a demand for its services, the railroad set up real estate offices and sold farmland from the land grants that it was awarded by Congress. Read more at https://en.wikipedia.org/wiki/Atchison,_Topeka_and_Santa_Fe_Railway
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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