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Norfolk Southern Railway Co. - 1956-1962 dated Railroad Stock Certificate

Inv# RS2582   Stock
State(s): Virginia
Years: 1956-1962
Color: Green or Orange

Stock printed by Columbian Bank Note Company. Available Green or Orange. Please specify color. Norfolk Southern Railway, designated by the reporting mark NS, is a Class I freight railroad that predominantly operates in the Eastern United States. The company, which is headquartered in Atlanta, was established in 1982 following the merger of the Norfolk and Western Railway with the Southern Railway. It manages an extensive network covering 19,420 route miles (31,250 km) across 22 eastern states and the District of Columbia, and it also possesses rights in Canada for the Albany to Montreal route of the Canadian Pacific Kansas City.

Norfolk Southern Railway functions as the primary subsidiary of Norfolk Southern Corporation. The company is tasked with the maintenance of 28,400 miles (45,700 km) of track, while other organizations are responsible for the upkeep of the remaining segments under trackage rights. The principal types of cargo transported by Norfolk Southern include intermodal containers and trailers, which have experienced a rise in volume as coal shipments have diminished in the 21st century; coal was previously the dominant source of traffic. Norfolk Southern operates the largest intermodal rail network in Eastern North America and was an innovator of the Roadrailer service. Alongside its main competitor, CSX Transportation, Norfolk Southern holds 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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $23.50