Russell Sage - Milwaukee and St. Paul Railway Co. - Stock CertificateInv# AG1087A Stock
Stock very nicely signed by Sage at front. Hole cancellations hardly affect his signature. Imprinted stamp on front and revenue stamp on back. Only 8 found! Rare!
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.