Aransas Live Oak Ridge Oil Co. - 1919 dated Dalhart Texas Stock Certificate
Inv# OS1642 Stock
Stock. Dalhart, Texas. Dalhart is a city in Dallam and Hartley counties in the U.S. state of Texas, and the county seat of Dallam County. The population was 7,930 at the 2010 census. Founded in 1901, Dalhart is named for its location on the border of Dallam and Hartley Counties; its name is a portmanteau of the names of the two counties. The city was founded at the site of a railroad junction, which heavily contributed to its early growth. Dalhart was in the center of the Dust Bowl, an area adversely affected by a long period of drought and dust storms during the Great Depression of the 1930s. Here, Tex Thornton, operating on the now debunked concussion theory, coaxed today's inflation-adjusted equivalent of $1 million from the locals on claims he could fire rocket-powered explosives into the clouds and cause rain. Read more at https://en.wikipedia.org/wiki/Dalhart,_Texas
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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