Carriers and General Corporation - Specimen Stock Certificate
Inv# SE1742 Stock
Specimen Stock printed by American Bank Note Company. Available in Blue, Green or Orange. Please specify color. From NY Times 1936: The Carriers and General Corporation, an investment trust, has proposed to acquire assets (which include investment securities) from the Southern Bankers Securities Corporation and the Second Southern Bankers Securities Corporation. A payment of $442,195 in cash, along with 26,190 shares of Carriers and General common stock, will be made for the Southern Bankers Securities Corporation. The assets of the Second Southern Bankers Securities Corporation will be acquired through the issuance of 16,587 shares of Carriers and General common stock, which closed at $8.50 per share on the New York Stock Exchange yesterday. Shareholders of both Southern Bankers and Second Southern Bankers convened in Wilmington, Delaware, on Wednesday to approve the offers. The transaction is expected to be finalized before May 1. The management of Carriers and General Corporation is led by Calvin Bullock.
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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