Westinghouse Air Brake Co. - 1930's-50's dated Railway Stock Certificate

Inv# RS1230 Stock

State(s): Pennsylvania

Years: 1930's-50's

Color: Blue, Orange or Green

Railroad Stock. Historic company founded by George Westinghouse in 1882. Great train vignette. Available in Blue, Green or Orange. Please specify color.

The Westinghouse Air Brake Company (sometimes nicknamed or abbreviated WABCO although this was also confusingly used for spinoffs) was founded on September 28, 1869 by George Westinghouse in Pittsburgh, Pennsylvania. Earlier in the year he had invented the railway air brake in New York state. After having manufactured equipment in Pittsburgh for a number of years, he began to construct facilities and plants east of the city where homes for his employees were built. In 1889, the air brake manufacturing facility was moved to Wilmerding, Pennsylvania, and the company's general office building was built there in 1890. WABCO's direct successor companies include WABCO Vehicle Control Systems, a commercial vehicle air brake manufacturer; and Wabtec, a railway equipment manufacturer, which have been owned and operated independently of each other since the mid-twentieth century.

The Westinghouse Air Brake Company was established by George Westinghouse in 1869. In 1889, the Air Brake plant was moved to Wilmerding, Pennsylvania, a small farming town located 14 miles (23 km) outside of Pittsburgh. At the time, was only inhabited by about 5,000 people. Socialism was strong in Wilmerding, and it was thought to be “The Ideal Town” for the company because of its location immediately adjacent to the Pennsylvania Railroad and its mainly blue-collar inhabitants. In the 1890s, the Air Brake Company employed 3,000 citizens from the surrounding Pittsburgh area, but the bulk of its workforce consisted of the firm's employees lived in the vicinity of Wilmerding. Read more at https://en.wikipedia.org/wiki/Westinghouse_Air_Brake_Company

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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.

Item ordered may not be exact piece shown. All original and authentic.

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