Atlanta and West Point Railroad Co. - 1907 dated Railway Stock Certificate
Inv# RS5060 Stock
Stock. Atlanta, Georgia. The Atlanta and West Point Rail Road (reporting mark AWP) was a railroad in the U.S. state of Georgia, forming the east portion of the Atlanta-Selma West Point Route. The company was chartered in 1847 as the Atlanta and LaGrange Rail Road and renamed in 1857; construction of the 5 ft (1,524 mm) gauge line was begun in 1849-50 and completed in May 1854. A large minority interest owned by the Georgia Railroad and Banking Company eventually passed under the control of the Atlantic Coast Line Railroad (ACL), which later acquired a majority of the stock.
In the late 20th century restructuring, through the Seaboard Coast Line Railroad (SCL), successor to the ACL, the A&WP came under the Family Lines System banner in 1972. Years later in June 1983, it was merged into the Seaboard System Railroad, successor to the SCL. The former A&WP property is now owned by CSX Transportation. In 1967 A&WP reported 232 million revenue ton-miles of freight and 3 million passenger-miles on 93 miles (150 km) of road operated. Read more at https://en.wikipedia.org/wiki/Atlanta_and_West_Point_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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