Terre-Haute and Richmond Rail-Road Co. - 1848 dated Railway Stock Certificate
Inv# RS4666 Stock
Virginia
Stock. Rare! The Terre Haute and Richmond Railroad was founded in January 1847, with construction commencing in late 1849. By February 1852, the railroad had completed a 73-mile (117 km) line between Indianapolis and Terre Haute. On March 6, 1865, the name was changed to the Terre Haute & Indianapolis Railroad. An extension from Terre Haute to the Illinois state line was completed on April 26, 1870, connecting with the St. Louis, Vandalia and Terre Haute Railroad. Chauncey Rose of Terre Haute, the railroad's promoter, served as its first President.
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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