Ohio and Indiana Railroad Co. - 1852-1855 dated Railway Stock Certificate
Inv# RS5110 Stock
Ohio
Stock printed by Rawdon, Wright, Hatch & Edson, New York. Bucyrus, Ohio. Choice! The Ohio and Indiana Railroad was chartered in Ohio on March 26, 1850, and in Indiana on January 15, 1851, with the goal of extending the line to Fort Wayne, Indiana. It was organized on July 4, 1850, and construction commenced in February 1852. Part of its capital was raised through a merger with the Great Western Railroad of Ohio in 1851. The line first opened between Crestline and Bucyrus on August 26, 1853. It was extended west to Forest in early January 1854, reached Delphos on June 10, and was completed to Fort Wayne on October 31, 1854, with the full line officially opening the following day.
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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