Muncie Belt Railway Co. - 1894-1905 dated Indiana Railroad Stock Certificate
Inv# RS2744A Stock
Also available unissued at a lesser price. Please inquire if interested. Operated from 1892 to 1938. Muncie Belt Railway successor was the Cleveland, Cincinnati, Chicago and St. Louis Railway, also known as the Big Four Railroad and commonly abbreviated CCC&StL, which was a railroad company in the Midwestern United States. It operated in affiliation with the New York Central system.
Its primary routes were in Illinois, Indiana, Michigan, and Ohio. At the end of 1925 it reported 2,391 route-miles and 4,608 track-miles; that year it carried 8180 million net ton-miles of revenue freight and 488 million passenger-miles.
The railroad was formed on June 30, 1889, by the merger of the Cleveland, Columbus, Cincinnati and Indianapolis Railway, the Cincinnati, Indianapolis, St. Louis and Chicago Railway and the Indianapolis and St. Louis Railway. The following year, the company gained control of the former Indiana, Bloomington and Western Railway (through the foreclosed Ohio, Indiana and Western Railway and through an operating agreement with the Peoria and Eastern Railway). Read more at https://en.wikipedia.org/wiki/Cleveland,_Cincinnati,_Chicago_and_St._Louis_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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