Seagrave Corp. - 1981 dated Stock Certificate - Printed Signature of Arnold Asa Saltzman as President
Inv# GS6276 Stock
Stock printed by De La rue Banknote Company. Arnold Asa Saltzman (October 1, 1916 – January 2, 2014) was an American businessman, diplomat, art collector, and philanthropist, based in New York. Saltzman was president of the Seagrave Corporation starting in 1961. He took a company that mostly made fire-fighting equipment and diversified it via acquisition and other changes into one that did leather processing, made paint and industrial finishes, constructed low-cost houses, and sold mortgages. He remained president of Seagrave into the 1970s. Around 1970, Saltzman also headed a group that had a 24 percent interest in Trans Beacon Corporation, a movie distribution and theater operation that was a remnant of RKO Pictures. Read more at https://en.wikipedia.org/wiki/Arnold_A._Saltzman
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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