Central Telephone and Utilities Corporation - Communications Stock Certificate
Inv# SE1954 Stock
Specimen Stock printed by American Bank Note Company. Rare State! Most likely part of Centel Corporation which was an American telecommunications company, with primary interests in providing basic telephone service, cellular phone service and cable television service.
In 1900, Max McGraw took his savings from his newspaper route to start an electrical repair and supply shop, the McGraw Electric Company, in Sioux City, Iowa. Over the years, McGraw's company grew from residential wiring installation to include industrial wiring, electrical supply wholesaling, and electronics manufacturing. In 1922, McGraw entered the telecommunications business with the purchase of Central Telephone and Electric Company of St. Louis, Missouri. McGraw's businesses grew rapidly, and in 1926 more than 20 separate electric and telephone companies were consolidated as Central West Public Service Company. Read more at https://en.wikipedia.org/wiki/Centel
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.
Ebay ID: labarre_galleries