Southern Railway Co. - 1950's-60's dated Railroad Stock Certificate
Inv# RS1191 Stock
Railroad Stock printed by American Bank Note Company. Very important railroad. Nice vignette w/ railroad logo, city scene & two male figures. Quite Rare!!! Available in Olive, Blue, Purple, Brown or Orange. Please specify color.
The Southern Railway (also known as Southern Railway Company & now known as the Norfolk Southern Railway) was a class 1 railroad based in the Southern United States between 1894 & 1982, when it merged w/ the Norfolk & Western to form Norfolk Southern. The railroad was the product of nearly 150 predecessor lines that were combined, reorganized & recombined beginning in the 1830s, formally becoming the Southern Railway in 1894.
At the end of 1971, the Southern operated 6,026 miles (9,698 km) of railroad, not including its Class I subsidiaries Alabama Great Southern (528 miles or 850 km); Central Of Georgia (1729 miles); Savannah & Atlanta (167 miles); Cincinnati, New Orleans & Texas Pacific Railway (415 miles); Georgia Southern & Florida (454 miles); & twelve Class II subsidiaries. That year, the Southern itself reported 26,111 million net ton-miles of revenue freight & 110 million passenger-miles. Alabama Great Southern reported 3,854 million net ton-miles of revenue freight & 11 million passenger-miles; Central Of Georgia 3,595 & 17; Savannah & Atlanta 140 and 0; Cincinnati, New Orleans and Texas Pacific Railway 4906 & 0.3; & Georgia Southern & Florida 1,431 & 0.3. Read more at https://en.wikipedia.org/wiki/Southern_Railway_(U.S.)
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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