Western Townsite Co. of Idaho - Unissued Stock Certificate
Inv# GS6353 StockUnissued Stock printed by Goes.
A townsite is a legal subdivision of land for the development of a town or community. In the historical development of the United States, Canada, and other former British colonial nations, the filing of a townsite plat (United States) or plan (Canada) was often the first legal act in the establishment of a new town or community.
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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