Chicago Great Western Railway Co. - Stock Certificate
Inv# RS2721 Stock
Illinois
Stock printed by Columbian Bank Note Company. Available in Blue, Purple, Brown, Red, Maroon, Green or Orange. Please specify color.
The Chicago Great Western Railway (reporting mark CGW) was a Class I railroad that linked Chicago, Minneapolis, Omaha, and Kansas City. It was founded by Alpheus Beede Stickney in 1885 as a regional line between St. Paul and the Iowa state line called the Minnesota and Northwestern Railroad. Through mergers and new construction, the railroad, named Chicago Great Western after 1892, quickly became a multi-state carrier. One of the last Class I railroads to be built, it competed against several other more well-established railroads in the same territory, and developed a corporate culture of innovation and efficiency to survive. Nicknamed the Corn Belt Route because of its operating area in the midwestern United States, the railroad was sometimes called the Lucky Strike Road, due to the similarity in design between the herald of the CGW and the logo used for Lucky Strike cigarettes. In 1968 it merged with the Chicago and North Western Railway (CNW), which abandoned most of the CGW's trackage. (Wikipedia) Columbian Bank Note Co.
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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