Hannibal and St. Joseph Railroad Co. - 1858 dated Railway Stock Certificate
Inv# RS5063A Stock
Stock. Boston, MA. The Hannibal and St. Joseph Railroad was the first railroad to cross Missouri starting in Hannibal in the northeast and going to St. Joseph, Missouri, in the northwest. It is said to have carried the first letter to the Pony Express on April 3, 1860, from a train pulled behind the locomotive Missouri. The line connected the second and third largest cities in the state of Missouri prior to the American Civil War. The stage route that it paralleled had previously been called the "Hound Dog Trail".
Construction on the railroad (formed during an 1846 meeting at the Hannibal office of John Marshall Clemens, father of Mark Twain) began in 1851 from both cities. Bonds from counties along the route along with the donation of 600,000 acres (2,400 km2) in land voted by Congress paid for construction. The lines met in Chillicothe, Missouri, on February 13, 1859. A marker the railroad placed at the site was discovered in 2009 at the Burlington Northern and Santa Fe Railroad Museum in Galesburg, Illinois. Read more at https://en.wikipedia.org/wiki/Hannibal_and_St._Joseph_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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