Webster Coal and Coke Co. Signed by A.G. Edwards - 1900 dated Autograph Stock Certificate
Inv# AG2649 StockStock signed by A.G. Edwards as treasurer. Printed by R.E. Prendergast, Scranton, PA. Certificate #2 and 2 revenue stamps! A.G. Edwards, Inc. was an American financial services holding company; its principal wholly owned subsidiary was A.G. Edwards & Sons, Inc., which operated as a full-service securities broker-dealer in the United States and Europe. The firm was acquired by Wachovia to be folded into Wachovia Securities; Wachovia was subsequently acquired by Wells Fargo, and the securities division was folded into Wells Fargo Advisors. The firm provided securities and commodities brokerage, investment banking, trust services, asset management, financial and retirement planning, private client services, investment management, and other related financial services to individual, governmental, and institutional clients.
A.G. Edwards was a member of the New York Stock Exchange and other major stock and commodities exchanges. The firm's global headquarters were located in the Downtown West area of St. Louis, Missouri. The company traded on the NYSE under the ticker symbol AGE. The company was founded in 1887 when Albert Gallatin Edwards and his son opened for business in St. Louis. It was the first St. Louis brokerage to handle transactions on the New York Stock Exchange, buying a seat on the NYSE in 1898. Due to increased capital needs for its branch system, A.G. Edwards was among the first brokerage firms to go public. In November 1971, 445,000 shares of stock were offered to the public at $12 a share.Read more at https://en.wikipedia.org/wiki/A._G._Edwards
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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