Bradshaw Mountain Railroad Co. signed by B.P. Cheney - 1902 Autograph Stock Certificate - Part of the Atchison, Topeka and Santa Fe Railroad System
Inv# AG1388 Stock
Stock issued to and signed on verso and attached statement by Benjamin Pierce Cheney (1815-1895). Expressman. A self-made millionare, B.P. Cheney was the largest individual owner in the American Express Company, one of the largest holders of Atchison securities and also wielded great power in the affairs of the Northern Pacific. The Bradshaw Mountain Railroad was built to serve the mines of Arizona's Bradshaw Mountains. These mines proved unproductive though, and the line served only as a paper railroad subsidiary of the Santa Fe, Prescott and Phoenix Railway. Read more at https://en.wikipedia.org/wiki/Bradshaw_Mountain_Railroad
Benjamin Pierce Cheney (August 12, 1815 – July 23, 1895) was an American businessman, and a founder of the firm that became American Express.Cheney was born in Hillsborough, New Hampshire, on August 12, 1815, to Jesse and Alice (Steele) Cheney. The family were descended from John Cheney, who was recorded in Roxbury, Massachusetts, in 1635, moving the following year to Newbury, Massachusetts. John Cheney's brother, William, recorded in Roxbury by 1640, was an ancestor of former Vice President Dick Cheney. He was also evidently kin to the Benjamin Cheney or Cheany of Hartford, Connecticut, from whom John Fitch, the inventor of the steamboat, learned the trade of clocksmith in 1760. Read more at https://en.wikipedia.org/wiki/Benjamin_Pierce_Cheney
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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