Woodstown and Swedesboro Railroad Co. - 1887 dated Railway Stock Certificate
Inv# RS2859 Stock
Stock printed by Stephen Greene. Started operations in 1871 and stopped services in 1887. The Woodstown and Swedesboro Railroad received its charter on March 21, 1871, commenced operations on February 23, 1873, was leased to the WJ on January 1, 1883, and was completely merged into the WJ on January 1, 1888. In response to requests from agricultural stakeholders in Woodstown, the WJ constructed a line on January 21, 1882, extending from the terminus of the Swedesboro Railroad to Riddleton Junction on the Salem Railroad. The construction took place in February 1883, thereby providing the WJ with two distinct routes into Salem.
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