Norfolk Southern Railway Co. - 1956-1962 dated Railroad Stock Certificate
Inv# RS2582 Stock
Stock printed by Columbian Bank Note Company. Available Green or Orange. Please specify color. Norfolk Southern Railway, identified by the reporting mark NS, is a Class I freight railroad primarily operating in the Eastern United States. Headquartered in Atlanta, the company was formed in 1982 through the merger of the Norfolk and Western Railway and Southern Railway. It oversees a network spanning 19,420 route miles (31,250 km) across 22 eastern states and the District of Columbia, and it possesses rights in Canada for the Albany to Montreal route of the Canadian Pacific Kansas City. Norfolk Southern Railway functions as the main subsidiary of Norfolk Southern Corporation.
The company is responsible for the maintenance of 28,400 miles (45,700 km) of track, while other entities manage the upkeep of the remaining segments under trackage rights. The primary cargo types transported by Norfolk Southern include intermodal containers and trailers, which have increased in volume as coal shipments have declined in the 21st century; coal was once the main source of traffic. Norfolk Southern operates the largest intermodal rail network in eastern North America and pioneered the Roadrailer service. Alongside its principal competitor, CSX Transportation, Norfolk Southern maintains a duopoly over the transcontinental freight rail lines in the Eastern United States.
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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