American League Base-Ball Club of New York (Inc.) signed by E.G. Barrow - Autographed Stock CertificateInv# AG2531 Stock
Stock 6 1/2 shares, #37, NY, 1940 , Issued to George E. Ruppert, H. Garrison, S. Heck, Jr., and Bryon Clark, Jr. as executors of the last will and Testament of Jacob Ruppert, deceased. Signed by president E. G. Barrow, After Ruppert's death in 1939, his will left the Yankees and other assets in a trust for his descendants. The will also named Barrow president of the Yankees, with full authority over the team's day-to-day operations.This important stock represents shares in the NY Yankees. A very important piece of baseball history.
Edward Grant Barrow (May 10, 1868 – December 15, 1953) was an American manager and front office executive in Major League Baseball. He served as the field manager of the Detroit Tigers and Boston Red Sox. He served as business manager (de facto general manager) of the New York Yankees from 1921 to 1939 and as team president from 1939 to 1945, and is credited with building the Yankee dynasty. Barrow was elected to the Baseball Hall of Fame in 1953. Born in a covered wagon in Springfield, Illinois, Barrow worked as a journalist and soap salesman before entering the business of baseball by selling concessions at games. From there, Barrow purchased minor league baseball teams, also serving as team manager, and served as president of the Atlantic League. After managing the Tigers in 1903 and 1904 and returning to the minor leagues, Barrow became disenchanted with baseball, and left the game to operate a hotel. Barrow returned to baseball in 1910 as president of the Eastern League. After a seven-year tenure, Barrow managed the Red Sox from 1918 through 1920, leading the team to victory in the 1918 World Series. When Red Sox owner Harry Frazee began to sell his star players, Barrow joined the Yankees. During his quarter-century as their baseball operations chief, the Yankees won 14 AL pennants and 10 World Series titles.
George Ehret Ruppert (March 15, 1875-November 5, 1948). He was the grandson of Jacob Ruppert Sr. and the brother of Jacob Ruppert Jr.. They both ran the family brewery, although his brother was the one in the spotlight and devoted more of his time to their ownership of the New York Yankees. George was more focused on the brewery business, and even when his brother died, appointed the GM to run the Yankees and continued to manage the Ruppert brewery.
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.