West Jersey and Seashore Railroad Co. - 1916 Railroad Stock Certificate
Inv# RS5537 Stock
Stock Allotment Receipt printed by American Bank Note Company, New York.
The West Jersey and Seashore Railroad (WJ&S) was a Pennsylvania Railroad subsidiary in the U.S. state of New Jersey with a connection to Philadelphia. It was formed through the merger of several smaller roads in May 1896. At the end of 1925 it operated 379 miles (610 km) of road on 717 miles (1,154 km) of track; that year it reported 166 million ton-miles of revenue freight and 332 million passenger-miles. The railroad became part of Pennsylvania-Reading Seashore Lines in 1933.
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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