Stacyville Railroad Co. - Stock CertificateInv# RS5376 Stock
Stock printed by S.D. Childs & Co., Chicago. Red 2 cents revenue stamp! Dubuque, Iowa. Available unissued for $30.
The Stacyville Railroad Company was incorporated in Iowa on Oct. 14, 1897. During 1897-1898, all of the company stocks and bonds were purchased in the interest of the IC. On Apr. 6, 1903, the company was sold and conveyed to the Dubuque & Sioux City Railroad Company (D&SC; see IC 8 D8). The line runs from Stacyville to Stacyville Junction, Iowa, for under 8 miles. (From archives.newberry.org)
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.