Union Pacific Corp - 50 PiecesInv# WW1035 Stock
The history of the Union Pacific Railroad dates prior to 1862 when President Abraham Lincoln signed the Pacific Railroad Act, directing the Union Pacific and the Central Pacific to construct a transcontinental railroad. Because of insufficient funding, the first rail was not laid until 1865 in Omaha. The golden spike was driven at Promontory Summit, Utah in 1869, marking the inauguration of the transcontinental railroad. Union Pacific acquired numerous railroads and endured financial setbacks until 1897 when a group of investors paid $110 million for the railroad. E.H. Harriman, a shrewd railroad tycoon and then president of the Illinois Central, was one of the investors. Union Pacific’s shield is one of the nation’s most recognized logos. During the company’s approximately 140 year history, 27 changes were made to the original mountain elk logo. Mergers and acquisitions were an important part of the railroad’s history.
Engineers and Chemist vignette by American Bank Note. Mixed Green, Orange, Brown and Blue colors. 50 Pieces.
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.