Western Transit Company signed by E.V.W. Rossiter - Stock CertificateInv# AG1599 Stock
†Stock signed twice by E.V.W. Rossiter Edward Van Wyck Rossiter (1844-1910) Presidentís clerk for Hudson River Railroad; Treasurerís office clerk for Hudson River Railroad 1860-67; cashier New York & Harlem Railroad 1867-77. Later treasurer of same company, June 1883 became treasurer and from November 1900 had been Vice President of New York Central and Hudson River Railroad, New York & Harlem Railroad as well as of almost all the lines affiliated with the New York Central Company, also Lincoln National Bank and Lincoln Safe Deposit Company. Transfer to Wm. K. Vanderbilt, Jr.
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.