Puget Sound and Alaska Steamship Company - Gorgeous Brown Stock CertificateInv# NP1007A Stock
Brown Unissued Variety. Operating from 1889-1904 as a subsidiary of the Northern Pacific Railroad, the company ran a steamship line from Tacoma servicing Puget Sound and Alaska. A number of prominent investors owned shares in the company such as John D. Rockefeller and William Rockefeller.
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.