Syracuse and Chenango Railroad - Unissued New York Railway Stock Certificate
Inv# RS2790A Stock
Unissued Stock. Printer-Henry Seibert & Bros., Co. The Syracuse and Chenango Valley Railroad was incorporated April 16, 1868, and had routes through the Chenango Valley from the city of Syracuse in Onondaga County to the village of Earlville in Madison County, a distance of 45.49 miles (73.21 km). It was renamed to Syracuse and Chenango Railroad in 1873 and into Syracuse, Chenango and New York Railroad in 1877.
During 1883, the road merged into Syracuse, Ontario and New York Railway and by 1891 became part of New York Central Railroad (NYCRR). Read more at https://en.wikipedia.org/wiki/Syracuse,_Chenango_and_New_York_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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