Missouri Pacific Railroad - Railway Stock Certificate - Locomotive Sideview Vignette
Inv# RS2120 Stock
Stock printed by Security Bank Note Co., Phila. Attractive!
The Missouri Pacific Railroad (reporting mark MP), commonly abbreviated as MoPac, was one of the first railroads in the United States west of the Mississippi River. MoPac was a Class I railroad growing from dozens of predecessors and mergers, including the St. Louis, Iron Mountain and Southern Railway (SLIMS), Texas and Pacific Railway (TP), Chicago and Eastern Illinois Railroad (C&EI), St. Louis, Brownsville and Mexico Railway (SLBM), Kansas, Oklahoma and Gulf Railway (KO&G), Midland Valley Railroad (MV), San Antonio, Uvalde and Gulf Railroad (SAU&G), Gulf Coast Lines (GC), International-Great Northern Railroad (IGN), Kansas, Nebraska & Dakota Railroad, New Orleans, Texas and Mexico Railway (NOTM), Missouri-Illinois Railroad (MI), as well as the small Central Branch Railway (an early predecessor of MP in Kansas and south central Nebraska), and joint ventures such as the Alton and Southern Railroad (AS).
In 1967, the railroad operated 9,041 miles of road and 13,318 miles of track, not including DK&S, NO&LC, T&P and its subsidiaries, C&EI and Missouri-Illinois.
Union Pacific Corporation, the parent company of the Union Pacific Railroad, agreed to buy the Missouri Pacific Railroad on January 8, 1980. Lawsuits filed by competing railroads delayed approval of the merger until September 13, 1982. After the Supreme Court denied a trial to the Southern Pacific, the merger took effect on December 22, 1982. However, due to outstanding bonds of the Missouri Pacific, its full merger into the Union Pacific Railroad did not become official until January 1, 1997. Read more at https://en.wikipedia.org/wiki/Missouri_Pacific_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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