Stockbridge and Pittsfield Railroad Co. - circa 1840's-50's dated Unissued Railway Stock Certificate
Inv# RS5288 Stock
Unissued Stock printed on blue paper. The Housatonic Railroad (reporting mark HRRC) is a Class III railroad operating in southwestern New England and eastern New York. It was chartered in 1983 to operate a short section of ex-New York, New Haven and Hartford Railroad in northwestern Connecticut, and has since expanded north and south, as well as west into New York State. The Housatonic Railroad was also a company chartered in 1836 and leased by the New Haven in 1892. It followed much the same route as the current company, but did not run west into New York.
The final section of main line was incorporated March 20, 1847, as the Stockbridge and Pittsfield Railroad. This line split from the original main line at Van Deusenville in Great Barrington and ran east and north to Pittsfield. The full line opened on January 1, 1850, under operation of the Housatonic, and was formally leased January 25. Read more at https://en.wikipedia.org/wiki/Housatonic_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.
Ebay ID: labarre_galleries