Farmingdale and Squan Village Rail Road Co. - 1879 dated Railroad Stock Certificate
Inv# RS5575
Stock
Early Stock printed by Wm. F. Murphy's Sons, Phila. Rare! Some stub glue residue. The Farmingdale and Squan Village Railroad was a shortline railroad that traversed via central New Jersey. The railroad was formed under a special law of New Jersey, on April 3, 1867. On May 21, 1879, it was one of three railroads consolidated to form the Freehold and Jamesburg Agricultural Railroad Company. Its former right-of-way, along with a portion of the Freehold and Jamesburg Agricultural Railroad's right-of-way, has become the Edgar Felix Bikeway.
During its service life, the primary economic advantage provided by the F&SV was to move farm produce and seafood products from the fertile central Jersey coast to major rail corridors providing direct lines to Philadelphia (P&NYRR) and New York (NJ Southern RR). The F&SV Railroad served the Allaire Iron Works during its peak production days. The Allaire works was an innovator in iron casting and produced propellers and steam engine parts for some of the largest steamships of the period. Read more at https://en.wikipedia.org/wiki/Farmingdale_and_Squan_Village_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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