Washington and Oregon Railway Co. - Northern Pacific Archive - Unissued Railroad Stock Certificate - Washington StateInv# NP1069 Stock
Unissued Stock printed by Goes. Operated between 1900 and 1903.
Headquartered in Tacoma, Washington, the Tacoma Division's main routes were from Yakima to Stuck Junction, near future Auburn, Washington, Seattle, Washington to Sumas, Washington, on the border with British Columbia, Canada, and from Seattle to Portland, Oregon. The division encompassed 1,034 route miles: 373 in main line and 661 in branches. It was home to the principal west end repair facility at South Tacoma, Washington.
As the railroad expanded, immigrants, families, and single men moved to the Pacific Northwest. Tacoma's population grew rapidly: in 1880 there were 1,098 residents, and in 1889 there were 36,000. Read more at https://en.wikipedia.org/wiki/Northern_Pacific_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.