Hutchinson and Southern Railway Co. - Unissued Railroad Stock Certificate
Inv# RS4763 Stock
Unissued Stock printed by American Bank Note Co. New York Litho. The Hutchinson and Southern Railway was incorporated under the general laws of the State of Kansas on December 21, 1897. On January 21, 1898 it acquired at foreclosure the assets of the Hutchinson and Southern Railroad Company, which had built 90.7 miles of trackage from Hutchinson, Kansas south through Kingman, Kansas and Anthony, Kansas to terminate at Wakita, Oklahoma. In the 1898-1899 timeframe, it also acquired all the assets of the Gulf Railroad Company, which had built 36.7 miles of track from Wakita to Blackwell, Oklahoma.
In 1899 the railway built 14.5 miles of track from Blackwell to Ponca City, Oklahoma. The entire line was sold to the Atchison, Topeka and Santa Fe Railway on December 20, 1899. The line has since been abandoned. Read more at https://en.wikipedia.org/wiki/Hutchinson_and_Southern_Railway
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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