American Caramel Co. - 1917 dated Stock Certificate
Inv# CA1022
Stock
Stock printed by American Bank Note Co., New York, Lith. Four revenue stamps on back. The American Caramel Company was a major candy business founded in 1898 in York, Pennsylvania. It dominated the industry by controlling 90% of national caramel production after buying Milton Hershey’s Lancaster Caramel Company for $1 million in 1900. It is best known today for including rare, early baseball trading cards with its candy, including Babe Ruth! Important!
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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