Terre Haute and Richmond Railroad - Stock Certificate
Inv# RS2830 Stock
State(s):
Indiana
Years:
1864
Stock Civil War Dated. Important!
The Terre Haute and Richmond Rail Road was chartered in 1847 to build across Indiana via Indianapolis. On May 25, 1850, stockholders east of Indianapolis organized the Terre Haute and Richmond Railroad (east of Indianapolis). On January 20, 1851 that section, from Indianapolis east to the Ohio state line, was renamed the Indiana Central Railway. On January 31 an Ohio law authorized the Dayton and Western Railroad to unite with the Indiana Central and unite jointly. The line from Indianapolis east Greenfield opened in September 1853, and on October 8 it was completed to the state line, where it connected with the Dayton and Western. Joint operation of both lines between Indianapolis and Dayton, Ohio began August 1, 1854. In 1859 the rail guage was changed from standard gauge to the broader Ohio guage (4 ft 10 in) to allow for direct connections with the Little Miami and Columbus and Xenia Railroad at Dayton.
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.
Item ordered may not be exact piece shown. All original and authentic.
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