Gowrie and Northwestern Railway Co. - Railroad Unissued Stock Certificate
Inv# RS4020 Stock
Unissued Stock printed by Western Bank Note Co., Chicago.
Gowrie is a city in Webster County, Iowa. The population was 952 at the time of the 2020 census. The town has a swimming pool, golf course, athletic stadium, and curb-and-gutter throughout the community.
A post office called Gowrie has been in operation since 1871. The city was named after Gowrie, in Scotland.
Gowrie began as a stop on the railroad. It grew in its early years as the Swedish settlers built a local economy around serving area farmers. Today, the town has a swimming pool, golf course, athletic stadium, and curb-and-gutter throughout the town.
Historically, its peak was 1970, and at that time the downtown area had the following businesses: (* designate companies still in business) Gowrie Municipal Swimming Pool*, Gowrie Gowrie Youth Center/Skating Rink*, Johnson RediMix, Johnson Sinclair Service, Bruntlett Elevator*, Johnson Lumber Company, Gowrie Dry Clean, Carr's Grocery, Gambles Hardware, Webster-Calhoun Co-op Telephone Co.*, Sunray DX, Palmer and Son's Funeral Home*, Dairy Sweet, Buskee Industries, Gowrie Car Wash, Ranniger's Appliance, Ranniger's Water Care, Imels Clothing, Wendells Appliances, Redman Barber Shop, Erb Law Offices, Dr. Rungee, DDS, Dr. Borgen, MD, Paladium Lanes Bowling Alley, First National Bank, Gowrie Cafe, Palmer Hardware, Hasty's Cafe, Smith's Meat Market, Gowrie Star Theater, Earl Braend Ford, The Canteen, Larson's Phillip 66, Standard Gas Station, VFW, Gowrie Library, Lee Benson Motors*, Pontiac, Jansa TV Repair, Laundromat, Skip's Tap, Lane Barber Shop, The White House Sundry, and The Gowrie News.
Other businesses in town included: Dixon Hatcheries, Hubbard Veterinary Clinic, Lizer Sale barn, Anderson Elevator, Gowrie Municipal Golf Course*, Swanson Florist and Garden Center*, and the COOP.
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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