Short Route Railway Transfer Co. - Unissued Railroad Stock Certificate
Inv# RS5053 Stock
Unissued Stock printed by Louisville Lithographie. The Chicago, St. Louis and New Orleans Railroad was a 19th- and early-20th-century railway company in Kentucky in the United States. It operated from 1877 and was created from the merger of the Mississippi Central Railroad and the New Orleans, Jackson & Great Northern Railroad until 1882, when control was obtained by the Illinois Central.
In 1896, it purchased the Chesapeake, Ohio and Southwestern Railroad and those former rights-of-way currently form parts of the class-II Paducah and Louisville. In 1897, it purchased the Short Route Railway Transfer Company; the Ohio Valley Railway; and the Owensboro, Falls of Rough and Green River Railroad. In 1902, it purchased the Kentucky Western and the Hodgenville and Elizabethtown Railways. In 1913, it purchased the Paducah Union Depot Company and the Kentucky Valley Railroad. In 1922, it purchased the Kentucky Midland. The Chicago, St. Louis & New Orleans connected with the Owensboro and Nashville Railway (and later the L&N) at Central City in Muhlenberg County. Read more at https://en.wikipedia.org/wiki/Chicago,_St._Louis_and_New_Orleans_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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