Boston American League Base=Ball Club - 1912 dated Stock Certificate
Inv# SR1001
Stock
New Jersey
Stock incorporated in 1901. It is exciting to own such an early Baseball stock. Extremely popular and so important! Scarce!
On January 28, 1901, professional baseball’s American League is founded in Milwaukee. The league plans for a 140-game schedule, 14-man rosters and a players’ union. Franchises are in Baltimore (Orioles), Boston (Americans), Chicago (White Stockings), Cleveland (Blues), Detroit (Tigers), Milwaukee (Brewers), Philadelphia (Athletics) and Washington (Senators). The American League's formation came shortly after professional baseball’s other major league, the National League, contracted from 12 to eight teams. Formed in 1876, the NL had been professional baseball’s most stable league for decades.
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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