Tramways de Varsovie - Belgian Stock Certificate
Inv# FS1666 Stock
Stock with 3 coupons attached at the left. Tramways are lightly laid industrial railways, often not intended to be permanent. Originally, rolling stock could be pushed by humans, pulled by animals (especially horses and mules), cable-hauled by a stationary engine, or pulled by small, light locomotives. Tramways can exist in many forms; sometimes simply tracks temporarily placed on the ground to transport materials around a factory, mine or quarry. Many use narrow-gauge railway technology, but because tramway infrastructure is not intended to support the weight of vehicles used on railways of wider track gauge, the infrastructure can be built using less substantial materials, enabling considerable cost savings.
The term "tramway" is not used in North America, but is commonly used in the United Kingdom and elsewhere where British railway terminology and practices influenced management practices, terminologies and railway cultures, such as Australia, New Zealand, and those parts of Asia, Africa and South America that consulted with British engineers when undergoing modernization. In New Zealand, they are commonly known as "bush tramways" and are often not intended to be permanent. In Australia the term is widely used in Queensland, where there are several thousand kilometres of sugar-cane tramways. Passengers do not generally travel aboard tramways, although employees sometimes use them, either officially or unofficially. Read more at https://en.wikipedia.org/wiki/Tramway_(industrial)
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.
Ebay ID: labarre_galleries