Wilkesbarre Railroad Co. - 1900's circa Unissued Pennsylvania Railway Stock Certificate
Inv# RS5529 Stock
Unissued Railroad Stock. This railroad may have been part of the Danville Rail System. The Danville, Hazleton and Wilkes-Barre Railroad, also called the D.H. & W.B. Railroad, was a railroad in northeastern Pennsylvania. It ran from Sunbury to Tomhicken, a total of 43.44 miles plus 10.1 miles of branch lines, making the whole railroad 53.54 miles long. The railroad was completed in 1870. As of 2010, the Danville, Hazleton and Willkes-Barre Railroad tracks belong to the Pennsylvania Railroad. The railroad's gauge was 4 ft 9 in (1,448 mm).
The Danville, Hazleton and Wilkes-Barre Railroad began in April 1859 as the Wilkes-Barre and Pittston Railroad. Their plan was to build a railroad along the east side of the Susquehanna River from above Pittston to Danville or Sunbury. It was renamed the Danville, Hazleton, and Wilkes-Barre Railroad in 1867. Railroad construction began in late 1867 or early 1868. Simon P. Kase was a critical force in the building of the railroad. In 1870 an anthracite-burning locomotive was built for the railroad. By 1870, the Danville, Hazleton, and Wilkes-Barre Railroad linked Sunbury and Danville. By 1871, the railroad extended 43 miles from Sunbury to Tomhicken. In 1872, the Philadelphia and Erie Railroad started to operate the Danville, Hazleton and Wilkes-Barre tracks. In 1878, the railroad was sold under foreclosure and the name was changed to the Sunbury, Hazleton and Wilkes-Barre Railroad. Read more at https://en.wikipedia.org/wiki/Danville,_Hazleton_and_Wilkes-Barre_Railroad
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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