Seaboard Air Line Railway Co. - Railroad Stock Certificate
Inv# RS5135
Stock
Stock printed by American Bank Note Company.
The Seaboard Air Line Railroad (reporting mark SAL), which styled itself "The Route of Courteous Service," was an American railroad which existed from April 14, 1900, until July 1, 1967, when it merged with the Atlantic Coast Line Railroad, its longtime rival, to form the Seaboard Coast Line Railroad. Predecessor railroads dated from the 1830s and reorganized extensively to rebuild after the American Civil War. The company was headquartered in Norfolk, Virginia, until 1958, when its main offices were relocated to Richmond, Virginia. The Seaboard Air Line Railway Building in Norfolk's historic Freemason District still stands and has been converted into apartments.
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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