Bush Terminal Co. - 1930's-40's dated Shipping Stock Certificate - Available in Orange, Purple, or Red
Inv# SS1002 Stock
Shipping Stock. Ship, train and truck vignette. Rare! Industry City (also Bush Terminal) is a historic intermodal shipping, warehousing, and manufacturing complex on the Upper New York Bay waterfront in the Sunset Park neighborhood of Brooklyn, New York City. The northern portion, commonly called "Industry City" on its own, hosts commercial light manufacturing tenants across 6,000,000 square feet (560,000 m2) of space between 32nd and 41st Streets, and is operated by a private consortium. The southern portion, known as "Bush Terminal", is located between 40th and 51st Streets and is operated by the New York City Economic Development Corporation (NYCEDC) as a garment manufacturing complex.
Founded by Bush Terminal Company head Irving T. Bush in the early 20th century, Bush Terminal was the first facility of its kind in New York City and the largest multi-tenant industrial property in the United States. The warehouses were built circa 1892–1910, the railroad from 1896 to 1915, and the factory lofts between 1905 and 1925. During World War I, Bush Terminal was used as a United States Navy base, though it returned to private ownership after the war. At its peak, Bush Terminal covered 200 acres (81 hectares), bounded by Gowanus Bay to the west and north, Third Avenue to the east, 27th Street to the north, and 50th Street to the south. Read more at https://en.wikipedia.org/wiki/Industry_City
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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