Dwight Lumber Co. - Connection to John Christian Lodge - Detroit, Michigan Unissued Stock Certificate
Inv# LS1016 StockUnissued Stock. Detroit, Michigan. Some staining. Company in connection with John Christian Lodge (August 12, 1862 – February 6, 1950) who was an influential politician from Detroit, Michigan, serving as mayor from 1922 to 1923, in 1924, and from 1927 to 1929, and spending over 30 years on the Detroit City Council.
John C. Lodge was born in Detroit on August 12, 1862, to Dr. Edwin A. Lodge and Christiana Lodge (née Hanson). He attended the Michigan Military Academy in 1881. He worked as a reporter and city editor for the Detroit Free Press from 1889 to 1896. In 1897 he entered the lumber industry, and was connected with the Dwight Lumber Company.
Lodge was the chief clerk for the Wayne County Auditors from 1897 to 1905, then served for two years as the secretary to mayor George P. Codd. He was a member of the Michigan House of Representatives as a Republican from Wayne County's 1st district, from 1909 to 1910, and served as chair of the Wayne County Board of Supervisors. He was a member of the Detroit City Council beginning in 1910, and held the position for 17 years before being elected mayor, nine of them as council president. During that time, Lodge served twice as acting mayor: once from December 5, 1922, to April 9, 1923, after James J. Couzens's resignation to assume the office of United States Senator, and once from August 2, 1924, to November 21, 1924, after Joseph A. Martin's resignation. In 1927, Lodge was elected mayor in his own right, serving from 1927 to 1929. He was defeated in his quest for renomination in 1929. After his stint as mayor, Lodge returned to the city council, serving there from 1932 to 1947.
Lodge died on February 6, 1950, and is buried at Elmwood Cemetery in Detroit. After his death, the John C. Lodge Freeway (M-10) in Detroit was named after him.
Lodge was the great uncle of aviator Charles Lindbergh. Before Lindbergh's famed transatlantic flight, he approached Lodge for funding. Lodge declined, convinced his grandnephew faced certain death. Lindbergh would go on to receive funding from supporters in St. Louis, rather than Detroit. Read more at https://en.wikipedia.org/wiki/John_C._Lodge
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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