Erie and North East Rail-Road Co. Signed by Edwin D. Morgan - 1854 dated Autographed Stock CertificateInv# AG2654
Stock issued to and signed front and back by Edwin D. Morgan.
Edwin Denison Morgan, (1811-1883), merchant, banker, New York legislator, and U.S. Senator. Cousin of Edwin B. Morgan. As Republican governor of New York, 1859-63, he displayed independence and statesmanship, improving New York's credit and giving maximum support to the Lincoln administration in the Civil War. He served with ability as U.S. senator, 1863-69, and was a generous benefactor of Williams College, Union Theological Seminary and several New York City hospitals. Read more at https://en.wikipedia.org/wiki/Edwin_D._Morgan
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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