American Telephone and Telegraph Co - AT&T - dated 1970's Stock Certificate - ATT Famous Company
Inv# GS1030 StockGeneral Stock. Vignette of male figure standing on the globe. American Bank Note Co. Very Scarce type!!! AT&T Corporation, originally the American Telephone and Telegraph Company, is the subsidiary of AT&T Inc. that provides voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies. During its long history, AT&T was at times the world's largest telephone company, the world's largest cable television operator, and a regulated monopoly. At its peak in the 1950s and 1960s, it employed one million people and its revenue was roughly US$3 billion annually.
In 2005, AT&T was purchased by Baby Bell and former subsidiary SBC Communications for more than $16 billion ($20.9 billion in present-day terms). SBC then changed its name to AT&T Inc. AT&T started with Bell Patent Association, a legal entity established in 1874 to protect the patent rights of Alexander Graham Bell after he invented the telephone system. Originally a verbal agreement, it was formalized in writing in 1875 as Bell Telephone Company. Read more at https://en.wikipedia.org/wiki/AT%26T_Corporation
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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