Central Vermont Railway Co. - Vermont Unissued Railroad Stock Certificate
Inv# RS2632 StockUnissued Stock engraved by American Bank Note Co. Rare State! The Central Vermont Railway (reporting mark CV) was a railroad that operated in the U.S. states of Connecticut, Massachusetts, New Hampshire, New York, and Vermont, as well as the Canadian province of Quebec. It connected Montreal, Quebec, with New London, Connecticut, using a route along the shores of Lake Champlain, through the Green Mountains and along the Connecticut River valley, as well as Montreal to Boston, Massachusetts, through a connection with the Boston and Maine Railroad at White River Junction, Vermont.
The Vermont Central Railroad was chartered October 31, 1843, to build a line across the center of Vermont, running from Burlington on Lake Champlain east to Montpelier, and then southeast and south to Windsor on the Connecticut River. Initial plans had the main line running through Montpelier. However, due to the difficulty of building through the Williamstown Gulf, a narrow valley south of Barre, Vermont, and to land interests of Charles Paine in Northfield, Vermont, a course to the west was selected, leaving the state capital to be served by a short branch line. Construction began on December 15, 1845, and the first section, from White River Junction west to Bethel, opened on June 26, 1848. Subsequent sections opened to Roxbury on September 17, 1848, Northfield on October 10, 1848, Montpelier (including the branch from Montpelier Junction) on June 20, 1849, Middlesex on August 30, 1849, Waterbury on September 29, 1849, and the full distance to Burlington on December 31, 1849. The part along the Connecticut River from Hartford south to Windsor opened on February 13, 1849. Read more at https://en.wikipedia.org/wiki/Central_Vermont_Railway
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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