First National Bank of Birdsboro, Pennsylvania - 1923 dated National Banking Stock Certificate
Inv# BS1093 Stock
Uncanceled Stock. Birdsboro, Pennsylvania. Nice! Birdsboro is a borough in Berks County, Pennsylvania, United States. It is located along the Schuylkill River 8 miles (13 km) southeast of Reading. As of the 2020 census, it had a population of 5,106. Birdsboro's economy had historically been rooted in large foundries and machine shops, none of which remain in operation today.
Birdsboro was named for ironmaker William Bird, who established a forge on Hay Creek about 1740. His son Marcus founded Hopewell Furnace in 1771, which was the largest domestic producer of iron by the time of the American Revolution. The Schuylkill Canal, running parallel to the river, was completed in 1827. The Philadelphia and Reading Railroad, constructed to haul anthracite coal, was completed in 1843. Edward and George Brooke, descendants of the Birds, established the Birdsboro Iron Foundry Company (1867), which became Birdsboro Steel Company (1905). The principal employer for 120 years, the steel plant closed in 1988, following a lengthy strike. Read more at https://en.wikipedia.org/wiki/Birdsboro,_Pennsylvania
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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