Babcock Oil Co. - Unissued Stock Certificate - Possibly Located in Volney, New York
Inv# OS2188 Stock
Unissued Stock printed by J.C. Hall Co. Prov. R.I. printed on yellow paper. Volney is a town in Oswego County, New York, United States. The population was 5,926 at the 2010 census. The town was named after a French author, Constantin François de Chassebœuf, comte de Volney, who toured the area in 1808. The Town of Volney is centrally located in the county. The Town of Volney was formed from part of the Town of Mexico in 1806. The original name of the town was Fredericksburgh, which was changed to Volney in 1811. Read more at https://en.wikipedia.org/wiki/Volney,_New_York
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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