Cuba Railroad Co. - Unissued Stock Certificate - Rare Red Variety
Inv# FS1270A Stock
Unissued Stock printed by American Bank Note Company, New York. Rare variety!!! American-born Canadian railway builder Sir William Cornelius Van Horne helped expand Cuba's railway network in the early 20th century. He was an investor in the Cuba Railroad Company (founded 1900). In 1924 Ferrocarriles Consolidados de Cuba was created from a dispute between Ferrocarriles Consolidados de Cuba and Ferrocarriles de Cuba.
Other railway companies formed and merged in the 1920s:
- Ferrocarriles del Norte de Cuba 1916
- Ferrocarril Espirituano Tunas de Zaza
- Ferrocarril Guantánamo y Occidente
Read more at https://en.wikipedia.org/wiki/National_Railway_Company_of_Cuba
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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