Pittsburgh, Virginia and Charleston Railway Co. signed by Benjamin Franklin Jones - Stock Certificate
Inv# AG2579 Stock
South Carolina
Virginia
Stock issued to Jones & Laughlins, Limited and signed by B.F. Jones on back.
Benjamin Franklin Jones (August 8, 1824 – May 19, 1903) was a pioneer of the iron and steel industry in Pittsburgh, United States. Originally involved in the river barge industry, he purchased a share in American Iron Works in 1851, along with Bernard Lauth. He later joined with James H. Laughlin to form Jones and Laughlin Steel Company, a steel mill heavily dependent on river transportation. The B.F. Jones Memorial Library in Aliquippa Pennsylvania, the site of J&L Steel's Aliquippa Works, was built in his honor with funds donated by his daughter. He was born on August 8, 1824, in Claysville, Pennsylvania. He married Mary McMasters and had a son, Benjamin Franklin Jones, Jr. From 1884 to 1888 he was chairman of the Republican National Committee. He died on May 19, 1903, in Allegheny City, Pennsylvania. He was executor of Laughlin's estate. As chairman of the Republican National Committee 1884 to 1888, he was responsible for the James G. Blaine presidential campaign. Read more at https://en.wikipedia.org/wiki/Benjamin_Franklin_Jones_(industrialist)
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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