Choctaw, Oklahoma and Gulf Railroad Co. - 1890's dated Railway Stock Certificate
Inv# RS1044 Stock
Railroad Stock. Great train scene at top right, nice border, very attractive. Now quite scarce!!! The Choctaw, Oklahoma and Gulf Railroad (CO&G), commonly referred to as the "Choctaw Route," was an American railway operating in Arkansas and Oklahoma. Initially established as the Choctaw Coal and Railway Company, it completed its primary line connecting West Memphis, Arkansas, to western Oklahoma by the year 1900. In 1901, the CO&G established a subsidiary, the Choctaw, Oklahoma and Texas Railroad, to facilitate further expansion into the Texas panhandle, reaching as far as Amarillo by 1902.
In 1902, the CO&G came under the ownership of the Chicago, Rock Island and Pacific Railroad, often known as the "Rock Island," and was officially merged into the Rock Island on January 1, 1948. The route from Memphis to Amarillo continued to serve as a significant main line for the Rock Island, accommodating both local and transcontinental freight traffic, as well as passenger services, including the Choctaw Rocket, which operated from 1940 to 1964.
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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