New Bedford Railroad Co. - Massachusetts Railway Stock Certificate
Inv# RS1131 Stock
Railroad Stock. No vignette but quite scarce. 1870's vintage. Also available unissued at a lesser price. Please inquire if interested.
The New Bedford Railroad was a railroad in Massachusetts. It was incorporated on July 1, 1873, as a merger between the New Bedford and Taunton Railroad, the Taunton Branch Railroad, and the Middleborough and Taunton Railroad. The main line ran from a junction with the Boston and Providence Railroad in Mansfield through the towns of Norton, Taunton, Berkley, Lakeville, and Freetown to the deep-water whaling port of New Bedford. The railroad also had several branches, including the former Middleborough and Taunton Railroad, which ran from Weir Village, Taunton into Middleborough through Raynham, and a shortcut to Providence via the Boston and Providence Railroad which ran from Taunton to Attleborough through Norton. Read more at https://en.wikipedia.org/wiki/New_Bedford_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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