Union Depot Grounds Transferred to Jay Gould - Stock Certificate

Inv# AG1088A Stock

State(s): Missouri

Years: 1877

This Very Rare railway stock of the Union Depot Grounds is transferred to Jay Gould but not signed.

Jay Gould (1836-1892), Financier. As a youth, learned rudiments of surveying and showed precocious skill in money-making. Keenwitted and unscrupulous, he began speculating in railroads after 1860. His operations became spectacular when in 1867 with James Fisk he became a director of the Erie Railroad. This led to his struggle against Cornelius Vanderbilt for control. His victory and later various other involvement with the Union Pacific, Kansas Pacific, Denver Pacific, Central Pacific, Missouri, Kansas, and Texas made him a legend in Railroad finance. His son George Jay Gould inherited vast railway interests but lost these, one by one, to opposition financiers led by Kuhn, Loeb & Co., and Edward H. Harriman.

Condition: Good

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.

Item ordered may not be exact piece shown. All original and authentic.

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