Murfeesboro and Woodbury Turnpike Co. - 1900's dated Stock Certificate
Inv# TP1028 Stock
Unissued Stock. Early! Scarce State! Stains. Murfreesboro is a city and county seat of Rutherford County, Tennessee, United States. The population was 108,755 according to the 2010 census, up from 68,816 residents certified in 2000. In 2019, census estimates showed a population of 146,900. Murfreesboro is located in the Nashville metropolitan area of Middle Tennessee, 34 miles (55 km) southeast of downtown Nashville. Serving as the state capital from 1818 to 1826, it was superseded by Nashville. Today it is the largest suburb of Nashville and the sixth-largest city in Tennessee. The city is both the center of population of Tennessee and the geographic center of Tennessee.
On October 27, 1811, the Tennessee General Assembly designated the location for a new county seat for Rutherford County, giving it the name Cannonsburgh in honor of Newton Cannon, representative to the Assembly for the local area. At the suggestion of William Lytle, it was renamed Murfreesborough on November 29, 1811, after Revolutionary War hero Colonel Hardy Murfree. The name was shortened to Murfreesboro in January 1812 when the town was formally chartered. Author Mary Noailles Murfree was his great-granddaughter. Read more at https://en.wikipedia.org/wiki/Murfreesboro,_Tennessee
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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