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, one part of the West Penn System, was an interurban electric railway headquartered in Connellsville, Pennsylvania. It was part of the region's power generation utility. Oakdale–McDonald: A short suburban line in the Pittsburgh area connecting Oakdale and McDonald. Service began in 1907 and ended in 1927. Oakdale is a borough in Allegheny County, Pennsylvania, United States and is a Pittsburgh suburb. The population was 1,475 at the 2020 census. Its zip code is 15071. McDonald is a borough in Allegheny and Washington counties in the U.S. state of Pennsylvania, 18 miles (29 km) southwest of Pittsburgh. The population was 2,056 at the 2020 census. Of this, 1,661 were in Washington County, and 395 were in Allegheny County. Read more at https://en.wikipedia.org/wiki/West_Penn_Railways
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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