2,000 Shares Gulf and Ship Island Railroad Co. - 1913 dated Stock Certificate
Inv# HD1052
Stock
2,000 shares Stock printed by Franklin Bank Note Co. New York. Nice bold train vignette!
The Gulf and Ship Island Railroad (G&SI) was constructed in the state of Mississippi, USA, at the turn of the 20th century to open a vast expanse of southern yellow pine forests for commercial harvest. In spite of economic uncertainty, entrepreneurs William H. Hardy and Joseph T. Jones successfully completed railroad construction. The railroad resulted in the development of a seaport and expansion of cities along its route. Read more at https://en.wikipedia.org/wiki/Gulf_and_Ship_Island_Railroad
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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