Consolidated Gas Utilities Co. - Stock Certificate issued to James Grant Forbes
Inv# US1085 Stock
Stock printed by Franklin Lee Division-American Bank Note Co.
James Grant Forbes II (1879 – 1955), American lawyer, banker and businessman, son of Francis Blackwell Forbes and wife Isabel Clark. Was born in Shanghai, China, where the Forbes amassed a fortune from the opium trade and merchant banking after the Opium Wars. The grandfather of Brice Lalonde and John Forbes Kerry.
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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