International Transport Industries Inc. - dated 1970's Transportation Stock Certificate
Inv# GS1150 Stock
General Stock. Vignette of eagle on rock with wings spread for flight. The vast majority of passenger travel in the United States occurs by automobile for shorter distances and airplane or railroad for longer distances. Most cargo in the U.S. is transported by, in descending order, railroad, truck, pipeline, or boat; air shipping is typically used only for perishables and premium express shipments. Transportation is the largest source of greenhouse gas emissions in the United States.
The overwhelming majority of roads in the United States are owned and maintained by state and local governments. Federally maintained roads are generally found only on federal lands (such as national parks) and at federal facilities (like military bases). The Interstate Highway System is partly funded by the federal government but owned and maintained by individual state governments. There are a few private highways in the United States, which use tolls to pay for construction and maintenance. There are many local private roads, generally serving remote or insular residences.
Passenger and freight rail systems, bus systems, water ferries, and dams may be under either public or private ownership and operation. Civilian airlines are all privately owned. Most airports are owned and operated by local government authorities, but there are also some private airports. The Transportation Security Administration has provided security at most major airports since 2001. Read more at https://en.wikipedia.org/wiki/Transportation_in_the_United_States
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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