Union Construction Co., Inc. - Unissued Railroad Stock Certificate - Branch Company of the Atchison, Topeka & Santa Fe Railway
Inv# RS4695A Stock
United States
Unissued Stock printed by Union Bank Note Co., K.C., MO. The Union Construction Company was primarily under the umbrella of the Atchison, Topeka and Santa Fe Railway, holding multiple contracts constructing various rail lines including the Randsburg Railway. These lines served as a supply link transporting silver, lead, clay, general goods, and providing passenger services. Randsburg Railway ran through California’s Mojave Desert.
Union Construction purchased many locomotives during their existence including the #1 Locomotive for the construction of the Tonopah & Tidewater Railroad. This locomotive was originally built by Baldwin Locomotive Works. Tonopah & Tidewater ran from Goldfield, Nevada to Ludlow, California.
These rail lines were inevitably consumed and acquired by the Atchison, Topeka and Santa Fe Railway which ran through Arizona, California, Colorado, Illinois, Iowa, Kansas, Louisiana, Missouri, Nebraska, New Mexico, Texas, Indiana, Nevada and Oklahoma. This Stock Certificate was printed in Kansas City, Missouri which was one of the three major headquarter locations for the AT&SF Railway System.
Kansas City, Missouri (KC or KCMO) is the largest city in Missouri by population and area. As of the 2020 census, the city had a population of 508,090 in 2020, making it the 36th most-populous city in the United States. It is the central city of the Kansas City metropolitan area, which straddles the Missouri–Kansas state line and has a population of 2,392,035. Most of the city lies within Jackson County, with portions spilling into Clay, Cass, and Platte counties. Kansas City was founded in the 1830s as a port on the Missouri River at its confluence with the Kansas River from the west. On June 1, 1850, the town of Kansas was incorporated; shortly after came the establishment of the Kansas Territory. Confusion between the two ensued, and the name Kansas City was assigned to distinguish them soon after. Kansas City, Missouri, was incorporated as a town on June 1, 1850, and as a city on March 28, 1853. The area, straddling the border between Missouri and Kansas at the confluence of the Kansas and Missouri rivers, was considered a good place to build settlements. Read more at https://en.wikipedia.org/wiki/Kansas_City,_Missouri
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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