Fort Wayne, Jackson and Saginaw Railroad Co. - Railway Stock Certificate
Inv# RS5413 Stock
Michigan
Stock printed by Calvert Lith. Co., Detroit. Rare! Jackson, Michigan. The Fort Wayne and Jackson Railroad was a railway company in the United States. It was incorporated in 1879 to reorganize the Fort Wayne, Jackson and Saginaw Railroad, which owned a railway line between Fort Wayne, Indiana, and Jackson, Michigan. The Lake Shore and Michigan Southern Railway leased the company in 1882. Most of the company's line has been abandoned.
The precursor of the Fort Wayne and Jackson Railroad was the Fort Wayne, Jackson and Saginaw Railroad, which was incorporated on January 26, 1869. That company consolidated two older companies, the Jackson, Fort Wayne and Cincinnati Railroad of Michigan and the Fort Wayne, Jackson and Saginaw Railroad of Indiana.[1] Construction began the same year, and the company completed a 35.4-mile (57.0 km) from Jackson, Michigan, to Reading, Michigan, on November 22, 1869. A further 20.4 miles (32.8 km) from Reading to Angola, Indiana, was completed on January 17, 1870. The final 41.8 miles (67.3 km) from Angola to Fort Wayne, Indiana, was finished on December 5, 1870. Read more at https://en.wikipedia.org/wiki/Fort_Wayne_and_Jackson_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