Western Maryland Railway Co. issued to and signed by Jay Gould - Could be an ancestor! Stock Certificate
Inv# AG2220 Stock
Pennsylvania
Stock issued to and signed on back by Jay Gould. Possibly related to Jason Jay Gould?
Jason Gould (/ɡuːld/; May 27, 1836 – December 2, 1892) was an American railroad magnate and financial speculator who is generally identified as one of the robber barons of the Gilded Age. His sharp and often unscrupulous business practices made him one of the wealthiest men of the late nineteenth century. Gould was an unpopular figure during his life and remains controversial.
Jason “Jay” Gould was born in Roxbury, N. Y., the son of John Burr Gould and Mary Moore Gould. He studied at the Hobart Academy, but left at age 16 to work for his father in the hardware business. He continued to devote himself to private study, emphasizing surveying and mathematics. Gould later went to work in the lumber and tanning business in western N. Y. and then became involved with banking in Stroudsburg, PA. In 1856 he published the History of Delaware County. He married Helen Day Miller in 1863 and had 6 children. Read more at https://en.wikipedia.org/wiki/Jay_Gould
The Western Maryland Railway (reporting mark WM) was an American Class I railroad (1852–1983) which operated in Maryland, West Virginia, and Pennsylvania. It was primarily a coal hauling and freight railroad, with a small passenger train operation. Read more at https://en.wikipedia.org/wiki/Western_Maryland_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.
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