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), known informally as the "Choctaw Route," was an American railroad in the states of Arkansas and Oklahoma. The company, originally known as the Choctaw Coal and Railway Company, completed its main line between West Memphis, Arkansas and western Oklahoma by 1900. In 1901 the CO&G chartered a subsidiary company, the Choctaw, Oklahoma and Texas Railroad, to continue construction west into the Texas panhandle, and by 1902 the railroad had extended as far west as Amarillo.
The CO&G came under the control of the Chicago, Rock Island and Pacific Railroad (the "Rock Island") in 1902, and was formally merged into the Rock Island on January 1, 1948. The Memphis-Amarillo route remained an important main line for the Rock Island, hosting local and transcontinental freight traffic as well as passenger trains such as the Choctaw Rocket from 1940-1964. Read more at https://en.wikipedia.org/wiki/Choctaw,_Oklahoma_and_Gulf_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.
Ebay ID: labarre_galleries