EX-4.1



 











Exhibit 4.1








	ARI
CUSIP 02916P 10 3
INCORPORATED UNDER THE LAWS OF THE STATE OF DELAWARE
SEE REVERSE FOR CERTAIN DEFINITIONS
THIS CERTIFIES that
ByCountersigned
is the owner ofAMERICAN and
FULLY PAID AND NON-ASSESSABLE SHARES OF COMMON STOCK OF THE PAR VALUE OF $.01 PER SHARE OFSTOCK
Registered:
AMERICAN RAILCAR INDUSTRIES, INC. transferable on the books of the Corporation by the holder hereof
in person or by duly authorized attorney upon surrender of this certificate(New properly endorsed.
This certificate and the shares represented hereby are issued and shall be held subject to all of
the provisions of the Certificate of Incorporation of the Corporation and any amendments thereto,
to all of which the holder, by acceptance hereof, assents.York, This certificate is not valid
unless countersigned by the Transfer Agent and registered by the Registrar.N.Y.) TRANSFER
WITNESS the facsimile seal of the Corporation and the facsimile signatures of its duly authorized
officers.& Dated:TRUST
Authorizedand Transfer COMPANY Of Assistant SecretaryPresident and Chief Executive
OfficerficerRegistrar Agent
AMERICAN BANK NOTE COMPANYPRODUCTION COORDINATOR: TODD DEROSSETT: 931-490-1720
711 ARMSTRONG LANEPROOF OF NOVEMBER 30, 2005
COLUMBIA, TENNESSEE 38401AMERICAN RAILCAR INDUSTRIES,INC.
(931) 388-3003TSB 21925 FACE
SALES: J. NAPOLITANO: 212-269-0339 X 2OPERATOR:TERESA
/ ETHER 7 / LIVE JOBS / A / AMERICAN / 21925 FACEREV. 1
COLORS SELECTED FOR PRINTING: Logo is a vector image, prints in PMS 288 and black. Intaglio prints
in SC-3 dark green.
COLOR: This proof was printed from a digital file or artwork on a graphics quality, color laser
printer. It is a good representation of the color as it will appear on the final product.

However, it is not an exact color rendition, and the final printed product may appear slightly
different from the proof due to the difference between the dyes and printing ink.
PLEASE INITIAL THE APPROPRIATE SELECTION FOR THIS PROOF:OK AS ISOK WITH CHANGESMAKE CHANGES
AND SEND ANOTHER PROOF





 









 









	AMERICAN RAILCAR INDUSTRIES, INC.
THE CORPORATION WILL FURNISH WITHOUT CHARGE TO EACH STOCKHOLDER WHO SO REQUESTS A
STATEMENT OF THE POWERS, DESIGNATIONS, PREFERENCES AND RELATIVE PARTICIPATING, OPTIONAL OR
OTHER SPECIAL RIGHTS OF EACH CLASS OF STOCK OR SERIES THEREOF AND THE QUALIFICATIONS,
LIMITATIONS OR RESTRICTIONS OF SUCH PREFERENCES AND/OR RIGHTS.
Signature(s) Guaranteed:

THE SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE
GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS
AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH
MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE
MEDALLION PROGRAM), PURSUANT TO S.E.C. RULE 17Ad-15.
KEEP THIS CERTIFICATE IN A SAFE PLACE. IF IT IS LOST, STOLEN, MUTILATED OR DESTROYED, THE
CORPORATION MAY REQUIRE A BOND OF INDEMNITY AS A CONDITION TO THE ISSUANCE OF A REPLACEMENT
CERTIFICATE.
AMERICAN BANK NOTE COMPANY PRODUCTION COORDINATOR: TODD DEROSSETT: 931-490-1720
711 ARMSTRONG LANE PROOF OF NOVEMBER 30, 2005 COLUMBIA, TENNESSEE 38401
AMERICAN RAILCAR INDUSTRIES, INC.
(931) 388-3003 TSB 21925 BACK_PATCH
SALES: J. NAPOLITANO: 212-269-0339 X 2 OPERATOR:
TERESA
/ ETHER 7 / LIVE JOBS / A / AMERICAN / 21925 BACK REV. 1
PLEASE INITIAL THE APPROPRIATE SELECTION FOR THIS PROOF: OK AS IS OK WITH CHANGES MAKE
CHANGES AND SEND ANOTHER PROOF