Raleigh and Gaston Railroad - North Carolina Railway Stock Certificate
Inv# RS2128 Stock
“Capital Stock Increased to $1,500,000” in bold red overprint. Printer-Hosford & Co., NY. Truly Exceptional!!! Extremely Rare!!! The Raleigh and Gaston Railroad was a Raleigh, North Carolina, based railroad opened in April 1840 between Raleigh and the town of Gaston, North Carolina, on the Roanoke River. It was North Carolina's second railroad (the Wilmington and Weldon Railroad opened one month earlier). The length was 100 miles (160 km) and built with 4 ft 8 in (1,422 mm) gauge. Part of the Raleigh and Gaston's tracks remains in service today as part of CSX's S Line as the Norlina Subdivision of CSX's Florence Division.
Construction on the line began in 1836. At the north end, the line initially crossed the Roanoke River near Roanoke Rapids on a 1,040-foot long bridge to connect the line to Gaston. In Gaston, it connected with the Greensville and Roanoke Railroad (which was operated by the Petersburg Railroad). In 1852, the line was extended from Roanoke Rapids east to Weldon. Read more at https://en.wikipedia.org/wiki/Raleigh_and_Gaston_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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