Cleveland, Akron and Columbus Railway - 1901 dated Railroad Stock Certificate
Inv# RS2017 Stock
1901, Ohio, Stock. Neatly hole cancelled. Powerful oncoming vignette of locomotive. Very attractive graphics and blue color. Fresh Excellent Condition. Uncommon. The Cleveland, Akron and Columbus Railroad (nicknamed the "Blue Grass Route of Ohio") was a railroad company in the U.S. state of Ohio. It connected its namesake cities and served as a vital link for later parent Pennsylvania Railroad to connect Cleveland and Columbus, Ohio. The company was formed through a reorganization of the Cleveland, Mount Vernon and Delaware Railroad on December 7, 1881, as the Cleveland, Akron and Columbus Railroad. It was rumored in 1881 that the line might become part of the Baltimore and Ohio Railroad system, as officials of that company had made visits to the property at the time. The reorganization became effective on December 31, 1885, with the first trains running under the new name on January 1, 1886. Read more at https://en.wikipedia.org/wiki/Cleveland,_Akron_and_Columbus_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