Cleveland & Toledo Rail-Road Company signed by A.G. Jerome - Stock Certificate

Stock issued to and signed on back by A.G. Jerome. Especially nice! Very Rare!

Addison G. Jerome, Securities Broker. By 1863, he had amassed a fortune in the stock market and had established his own banking house which enjoyed great success due to his enviable and very well-deserved reputation on Wall Street. Later his luck changed and he died virtually penniless.

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.