Edison Portland Cement Company Issued to Thomas A. Edison - Stock Certificate
Inv# AG2315 Stock
Stock issued to but not signed by Thomas A. Edison.
The Edison Portland Cement Company was a venture by Thomas Edison that helped to improve the Portland cement industry. Edison was developing an iron ore milling process and discovered a market in the sale of waste sand to cement manufacturers. He decided to set up his own cement company, founding it in New Village, New Jersey in 1899, and went on to supply the concrete for the construction of Yankee Stadium in 1922.
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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