Minneapolis, St. Paul, Rochester and Dubuque Electric Traction Co. - 1913 dated Stock Certificate (Uncanceled)
Inv# RS5572
Stock
Minnesota
Larger size Stock measures 12 3/4" x 9 1/4". "Dan Patch Electric Line".
The Minneapolis Saint Paul Rochester & Dubuque Electric Traction Company Depot or Orchard Gardens Railway Station, located at County Road 5 and 155th Street in Burnsville in the U.S. state of Minnesota was built in 1910 on the Dan Patch Line, later known as the Minneapolis, Northfield and Southern Railway. Connecting Northfield and Minneapolis, the line carried agricultural produce from rural Dakota County to urban markets. When Orchard Gardens in Burnsville was platted in 1910, this small depot was added for the area's passengers. Orchard Gardens farmers grew onions, apples, and flowers, and produced eggs and milk until the Great Depression caused locals to find employment in Minneapolis. Then the station attracted more commuters than farmers.
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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