Chest Creek Railroad Co. - Stock Certificate
Inv# RS5268 Stock
Stock attached to lined paper with shares information written on it. Only 1 found! Transferred to E.V.W. Rossiter.
Edward Van Wyck Rossiter (1844-1910) President’s clerk for Hudson River Railroad; Treasurer’s office clerk for Hudson River Railroad 1860-67; cashier New York & Harlem Railroad 1867-77. Later treasurer of same company, June 1883 became treasurer and from November 1900 had been Vice President of New York Central and Hudson River Railroad, New York & Harlem Railroad as well as of almost all the lines affiliated with the New York Central Company, also Lincoln National Bank and Lincoln Safe Deposit Company.
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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