Pittsburgh, Wheeling and Kentucky Railroad Co. - 1904 dated Railway Stock Certificate
Inv# RS4866 Stock
Stock. The railroad of the Pittsburgh, Wheeling and Kentucky Railroad Company, herein called the Pittsburgh, Wheeling and Kentucky, is a single-track, standard-gauge railroad, located entirely within the State of West Virginia, and extending from Wheeling Junction to Benwood, 28.028 miles. In addition, it owns 21.698 miles of yard and side tracks. Its road thus embraces 49.726 miles of all tracks. All the property of the Pittsburgh, Wheeling and Kentucky is operated by the Panhandle, under lease.
The Pittsburgh, Wheeling and Kentucky was incorporated by special act of the legislature of West Virginia on June 15, 1868, as The Pan Handle Railroad Company. Its organization was perfected on March 29, 1869. On February 16, 1871, its name was changed to Pittsburgh, Wheeling and Kentucky Railroad Company. Read more at https://en.wikipedia.org/wiki/Wikipedia:WikiProject_Trains/ICC_valuations/Pittsburgh,_Wheeling_and_Kentucky_Railroad
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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