Washington Central Railway Company Signed by James N. Hill and Geo. H. Earl - Stock CertificateInv# AG1933B Stock
Stock signed by James N. Hill and Geo. H. Earl.
James Norman Hill (1843-1910) was the eldest son of James J. Hill, and like his father, was a railroad man. He was born in St. Paul, Minnesota. He was the third child of ten. Hill graduated from Yale in 1893, and began his business career as a clerk in a railroad office. He held various subordinate positions, but in 1905 was made vice president of the Northern Pacific Railroad Company. He was also the vice president of the Minnesota & International Railroad, a director of the Burlington and Erie Railroads, of the Northern Securities Company, Pacific Coast Company, a Vice President of the Northern Express Company, and a Trustee of the New York Trust Company and the Washington and Columbia Trust Company. James N. Hill also moved to Texas and is noted to have earned millions investing in the Texas Oil Company.
George H. Earl was a secretary of many Northern Pacific railroads including Duluth, Crookston and Northern Railroad, Duluth and Manitoba Railroad, Fargo and Southwestern Railroad, Helena and Jefferson County Railroad, Helena and Red Mountain Railroad, James River Valley Railroad, Jamestown and Northern Railroad, Little Falls and Dakota Railroad, Northern Pacific, Fergus and Black Hills Railroad, Northern Pacfic, La Moure and Missouri River Railroad, Rocky Mountain Railroad of Montana, Sanborn, Cooperstown and Turtle Mountain Railroad, and the Spokane and Palouse Railway.
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.