Diana Yacht Club - Unissued Shipping Stock Certificate
Inv# SS1266
Stock
Unissued Stock printed by Goes.
A yacht club is a sports club specifically related to yachting.
Yacht clubs are mostly located by the sea, although there some that have been established at a lake or riverside locations. Yacht or sailing clubs have either a marina or a delimited section of the beach or shoreline with buoys marking the areas off-limits for swimmers as well as safe offshore anchorages. On shore they also include a perimeter reserved for the exclusive use of the members of the club as well as a clubhouse with attached bar, café or restaurant where members socialize in a pleasant and informal setting.
Although the terms Yacht Club and Sailing Club tend to be synonymous, some general differences regarding the recreational use of boats can be broadly outlined. Historically a Yacht Club tended to focus on a membership composed of yacht owners, including motorboats. This type of club often was extremely exclusive, attracting the aristocracy or the high class and leaving small boat owners out of the circle. On the other hand, a Sailing Club tended to focus on a membership composed exclusively of owners of sailboats, including smaller boats such as dinghies. These became very popular towards the end of the 19th century when small boats began to be produced on an industrial scale.
Learn more at https://en.wikipedia.org/wiki/Yacht_club
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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