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Baltimore and Ohio Railroad Co. Issued to Phillips Exeter Academy - Stock Certificate

Inv# AG1898   Stock
Baltimore and Ohio Railroad Co. Issued to Phillips Exeter Academy - Stock Certificate
State(s): Maryland
Years: 1914
Stock Issued to Phillips Exeter Academy which is a coeducational independent school for boarding and day students in grades 9 through 12, and offers a postgraduate program. Located in Exeter, New Hampshire, it is one of the oldest secondary schools in the United States. Included is a letter on Academy letterhead dated August 8, 1929. Stock printed by International Bank Note Co., New York.
Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK