American Thread Co. - Stock Certificate
Inv# GS1031 Stock
In relation to the American Thread Company, the American Thread Building is a historic building located at 260 West Broadway on the corner of Beach Street in the TriBeCa neighborhood of lower Manhattan, New York City. The eleven story building was designed in the Renaissance Revival style by architect William B. Tubby, and built in 1896. It was originally known as the Wool Exchange Building, and owned by the Wool Warehouse Company. The wool company did not succeed and the building was acquired by the American Thread Company in 1907, and was renovated and converted into live/work lofts in 1981.
The building was added to the National Register of Historic Places on January 20, 2005.
In 2007, a renovation of one of the units uncovered an early work by artist Keith Haring.
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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