Surveyor Fund, Inc. - Specimen Stock Certificate - Facsimile Signature of A. Joseph Debe
Inv# SE1856 Stock
Specimen Stock printed by American Bank Note Company. Facsimile signature of A. Joseph Debe. Joseph Debe, a mutual fund manager who created a popular stock derivative, died Sunday of lung cancer. He was 73. Debe ran the $160 million Surveyor fund in 1971. Five years later, he founded the Americus Shareholder Service Corporation to create a stock derivative that involves taking stock and splitting it into its dividend and capital gains components, creating two separate investments out of one stock. Ezra Ehrenkrantz, building designer DOBBS FERRY, N.Y. Read more at https://www.newspapers.com/newspage/282389870/
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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