Vandalia Railroad Co. - 1913 dated Illinois Railway Stock Certificate - Fantastic Design
Inv# RS1223 StockIndiana
Railroad Stock. Great vignette of front of locomotive in center circle with male figure on left and female on right. Exceptional Graphics!! The Vandalia Railroad Company was incorporated January 1, 1905, by a merger of several lines in Indiana and Illinois that formed a 471-mile railroad consisting of lines mostly west of Indianapolis. On January 1, 1917, the Pittsburgh, Cincinnati, Chicago and St. Louis Railway (the Panhandle) which the Pennsylvania Railroad (PRR) had acquired in 1868, was merged into the Vandalia Railroad to form the Pittsburgh, Cincinnati, Chicago and St. Louis Railroad. This gave the PRR a direct route from New York City to St. Louis. In 1968, PRR merged with the New York Central (NYC) to become Penn Central (PC) and in 1976, becoming part of Conrail (CR). Much of the North-South line was abandoned with the Conrail formation but parts of the East-West line survive as part of CSX Transportation.
The Terre Haute and Richmond Railroad was chartered in January 1847, with construction starting in late 1849. In February 1852, 73 mi (117 km) of track between Indianapolis and Terre Haute were completed. On March 6, 1865, the name was changed to the Terre Haute & Indianapolis Railroad. On April 26, 1870, an extension was finished from Terre Haute to the Illinois state line that met up with the St. Louis, Vandalia and Terre Haute. Read more at https://en.wikipedia.org/wiki/Vandalia_Railroad_(1905%E2%80%931917)
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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