Brooklyn and Queens Transit Corporation - 1930's dated Stock Certificate - Available in Green or Orange
Inv# RS2049 Stock
Neatly hole cancelled. Popular and Scarce. Mint Condition!! Available in Green or Orange. Please specify color. The Brooklyn and Queens Transit Corporation (B&QT) was a subsidiary of the Brooklyn–Manhattan Transit Corporation that operated streetcars in Brooklyn and Queens, New York City, United States (as well as into Manhattan via the Brooklyn Bridge and Williamsburg Bridge). It was created in 1929 to operate these routes, which had previously been operated by the BMT directly; its operations were transferred to the New York City Board of Transportation in 1940, and to the New York City Transit Authority in 1956. A number of cars from the B&QT and its predecessor companies have been preserved. Several are in the Branford Electric Railway Historic District and one is at the Trolley Museum of New York. Read more at https://en.wikipedia.org/wiki/Brooklyn_and_Queens_Transit_Corporation
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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