Perth Amboy and Woodbridge Rail Road Co. - Railway Stock Certificate
Inv# RS4372 Stock
Stock.
The Perth Amboy and Woodbridge Railroad was a railroad operated by the Pennsylvania Railroad (PRR). The line began along the PRR main at Union Tower in Rahway, New Jersey. The line was only 6 miles (9.7 km) long and was electrified in the year 1935. The line ended at the now-closed Essay Tower in South Amboy, New Jersey. The rail line was double tracked and was used for both freight and passenger service. At Essay, it would become the New York and Long Branch Railroad which would run to Bay Head Junction. At Essay traffic from the main or the South Amboy engine facility to the holding track outside the station. Essay also controlled traffic on the Camden and Amboy Railroad today known as the Amboy Secondary Track.
Today this line is part of New Jersey Transit's North Jersey Coast Line, which operates into New York's Pennsylvania Station. This line is controlled by the NJ Transit North Jersey Coast Line Dispatcher from Graw interlocking (inclusive), to the west. Amtrak CETC-9 controls from Graw (exclusive) east into Amtrak's Union Interlocking. Between Perth Amboy, New Jersey and South Amboy, New Jersey the main line crosses the Raritan Bay Drawbridge over the Raritan River.
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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