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New York and Ottawa Railroad Co. - Railway Stock Certificate

Inv# RS2695   Stock
Country: Canada
State(s): New York
Years: 1897

Stock printed by Broun-Green Co., NY. Certificate #4! Rare! Some margin loss.

The New York and Ottawa Railway was a railway connecting Tupper Lake in northeastern New York to Ottawa, Ontario, via Ramsayville Russell, Embrun, Finch and Cornwall. It became part of the New York Central Railroad system in 1913 although it was under the larger company's possession since the end of 1904. It had started out as the Northern Adirondack Railroad and evolved into the Northern New York Railroad, the New York and Ottawa Railroad and was last known as the New York and Ottawa Railway before being merged into the New York Central and Hudson River Railroad. Other lines that were a part of this route are described below.

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $54.00