Mohawk and Hudson Railroad Co. issued to John Aspinwall - 1833 or 1835 dated Stock Certificate
Inv# AG2959 Stock
Stock issued to John Aspinwall, not signed.
John Aspinwall Merchant. Member of the famous shipping and mercantile firm of Gilbert & John Aspinwall. This house dealt in cotton, and were large exporters of American products. The company owned 17 ships and rose to be the largest shipping firm in N.Y. City. John was father of the very successful William H. Aspinwall.
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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