Schoolcraft Iron Co. - 1867 dated Gorgeous Imprinted Revenue Michigan Stock Certificate
Inv# GS6409 Stock
Stock for 400 shares, #7, Marquette L. S. Michigan, 1867, Imprinted revenue. Very rare! Schoolcraft County is situated in the Upper Peninsula of Michigan, USA. According to the 2020 Census, it has a population of 8,047, making it the fourth least populated county in the state. The county seat is Manistique, located on the northern shore of Lake Michigan. It is named after Henry Schoolcraft, who was part of the Lewis Cass expedition that explored the region. Established in 1843 and organized in 1876, the county is predominantly rural and forested, with a significant portion of its western area within Hiawatha National Forest. Additionally, Schoolcraft is a village in Kalamazoo County, Michigan, located in Schoolcraft Township about 13 miles south of Kalamazoo along U.S. Route 131, with a population of 1,525 as recorded in the 2010 census. This village also honors Henry Schoolcraft, the notable geographer, geologist, and ethnologist.
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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