Oakdale and Mcdonald Street Railway - Pennsylvania Railroad Stock Certificate
Inv# RS1152
Stock
Railroad Stock. Female figure, US flag and eagle vignette in upper left corner. Rare!!! West Penn Railways, a component of the West Penn System, operated as an interurban electric railway with its headquarters located in Connellsville, Pennsylvania. This railway was integrated into the region's power generation utility. The Oakdale–McDonald line served as a brief suburban connection within the Pittsburgh area, linking the boroughs of Oakdale and McDonald. Its operations commenced in 1907 and concluded in 1927. Oakdale, situated in Allegheny County, Pennsylvania, is recognized as a suburb of Pittsburgh, with a population of 1,475 according to the 2020 census, and its postal code is 15071. McDonald, located in both Allegheny and Washington counties, lies 18 miles (29 km) southwest of Pittsburgh, with a population of 2,056 as recorded in the 2020 census; of this total, 1,661 residents were in Washington County, while 395 resided in Allegheny County.
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.
Ebay ID: labarre_galleries