Delaware Railroad Co. - dated 1940's-60's Railway Stock Certificate
Inv# RS1073 Stock
Railroad Stock. Beautiful locomotive vignette with great engraved borders by the American Bank Note Co. Scarce!!! Available in Orange or Gray. Please specify color.
The Delaware Railroad was the major railroad in the US state of Delaware, traversing almost the entire state north to south. It was planned in 1836 and built in the 1850s. It began in Porter and was extended south through Dover, Seaford and finally reached Delmar on the border of Maryland in 1859. Although operated independently, in 1857 it was leased by and under the financial control of the Philadelphia, Wilmington, and Baltimore Railroad. In 1891, it was extended north approximately 14 miles (23 km) with the purchase of existing track to New Castle and Wilmington. With this additional track, the total length was 95.2 miles (153.2 km). Read more at https://en.wikipedia.org/wiki/Delaware_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.
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