Rochester, Nunda and Pittsburgh Railroad Co. - Railway Stock Certificate
Inv# RS5114 Stock
Pennsylvania
Stock printed by Allen, Lane & Scott, Phila. Small flaw with tape repair. Similar to this railroad, the Rochester, Nunda and Pennsylvania Railroad was a New York railroad. Trains ran from Sonyea south through Nunda to Swain. Parts of the railroad were sold to the Pittsburg, Shawmut and Northern Railroad. Other parts of the RN&P were graded near York, NY and Fowlerville, NY and also near Chili, New York, but no tracks were ever laid. Read more at https://en.wikipedia.org/wiki/Rochester,_Nunda_and_Pennsylvania_Railroad
Nunda (pronounced "none-day") is a town in Livingston County, New York, United States. The population was 3,064 at the 2010 census. Nunda welcomes visitors with signs stating "Welcome to Nunda, a Nice Place to Live." The name is derived from Nunda-wa-ono, the name given to it by a group of the Seneca people who once lived in the hills and valleys along the Genesee River and Keshequa Creek within the present-day town. In the Seneca language, "Nunda" relates to hills, and a popular translation is "Where the valley meets the hills". Nunda is at the southwest border of the county and contains a village also called Nunda. Read more at https://en.wikipedia.org/wiki/Nunda,_New_York
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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