American Isteg Steel Corp. - 1947 dated Stock Certificate - Steelmaking
Inv# GS6647 Stock
Stock printed by American Bank Note-New York. Steelmaking has played a crucial role in the development of ancient, medieval, and modern technological societies. Early processes of steel making were made during the classical era in Ancient Iran, Ancient China, India, and Rome. Cast iron is a hard, brittle material that is difficult to work, whereas steel is malleable, relatively easily formed and a versatile material. For much of human history, steel has only been made in small quantities. Since the invention of the Bessemer process in 19th century Britain and subsequent technological developments in injection technology and process control, mass production of steel has become an integral part of the global economy and a key indicator of modern technological development. The earliest means of producing steel was in a bloomery. Read more at https://en.wikipedia.org/wiki/Steelmaking
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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