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Collection of 18 Different Stocks - American Stock Certificate Group of 18 Pieces

Inv# WS1003   Stock
Country: United States
Years: 1930's-80's

Collection of 18 different Stocks of companies and railroads. Variety of Color! Companies included: American Tobacco Company, Great Atlantic & Pacific Tea Company, Bond Stores Incorporated, Faberge Incorporated, General Foods Corporation, North American Light & Power Company, Phillips-Van Heusen Corporation, Washington Gas Light Company, Universal Oil Products, White Motor Corporation, Pan Am Corporation, Studebaker-Worthington Incorporated, Anaconda Company, Calumet & Hecla Incorporated, Erie-Lackawanna Railroad Company, Old Colony Railroad Company, Pennsylvania Rail Road Company, and Mississippi River Corporation.

A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and recognized as such in law for certain purposes. Early incorporated entities were established by charter (i.e., by an ad hoc act granted by a monarch or passed by a parliament or legislature). Most jurisdictions now allow the creation of new corporations through registration. Corporations come in many different types but are usually divided by the law of the jurisdiction where they are chartered based on two aspects: by whether they can issue stock, or by whether they are formed to make a profit. Depending on the number of owners, a corporation can be classified as aggregate (the subject of this article) or sole (a legal entity consisting of a single incorporated office occupied by a single natural person).

One of the most attractive early advantages business corporations offered to their investors, compared to earlier business entities like sole proprietorships and joint partnerships, was limited liability. Limited liability means that a passive shareholder in a corporation will not be personally liable either for contractually agreed obligations of the corporation, or for torts (involuntary harms) committed by the corporation against a third party. Limited liability in contract is uncontroversial because the parties to the contract could have agreed to it and could agree to waive it by contract. However, limited liability in tort remains controversial because third parties do not agree to waive the right to pursue shareholders. There is significant evidence that limited liability in tort may lead to excessive corporate risk taking and more harm by corporations to third parties. Read more at https://en.wikipedia.org/wiki/Corporation

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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.
Price: $70.00