Nashville and Decatur Rail Road Co. - Railway Stock Certificate
Inv# RS5181A StockStock printed by Brandon Printing Co. Nashville, Tennessee. Small stain.
This railroad is on the list of Confederate Railroads in operation or used by the Confederate States of America during the American Civil War. See also Confederate railroads in the American Civil War. At the outset of the war, the Confederacy possessed the third largest set of railroads of any nation in the world, with about 9,000 miles of railroad track. Southern companies, towns, cities as well as state governments were heavy investors in railroad companies, which were typically designed as feeder lines linking farming centers to port cities. Read more at https://en.wikipedia.org/wiki/List_of_railroads_of_the_Confederate_States_of_America
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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