Ohio Connecting Railway Co. - 1889-1901 dated Railroad Stock Certificate
Inv# RS4085
Stock
Stock. Ohio stocks have become quite popular. Scarce! The Ohio Connecting Railroad Bridge is a steel bridge that crosses the Ohio River at Brunot's Island at the west end of Pittsburgh, Pennsylvania, United States. It consists of two major through truss spans over the main and back channels of the river, measuring 508 feet (155 m) and 406 feet (124 m) respectively, with deck truss approaches. The original Ohio Connecting Bridge was built in 1890 by the Ohio Connecting Railway as a single-track bridge. It was constructed to provide a freight bypass for the Pennsylvania Railroad, allowing freight trains to avoid the congested passenger station in downtown Pittsburgh, Pennsylvania. This enabled traffic to move in either direction between the Pennsylvania Railroad main line in Pitcairn, Pennsylvania (part of the Pittsburgh Division) and the Fort Wayne Line at the north end of the Ohio Connecting Bridge. Trains would travel through the Port Perry Branch, Monongahela Division, and Panhandle Division to reach the Pittsburgh Division or the Fort Wayne Line. The construction of the northern approach to the bridge required the demolition of the original Pittsburgh U.S. Marine Hospital.
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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