Federal Finance Corporation - 1919 dated Stock Certificate
Inv# BS1372 Stock
Stock printed by Goes. 10 cents revenue stamp!
The “Federal Finance Corporation,” is a term commonly refers to the Reconstruction Finance Corporation (RFC), a substantial government corporation that operated from 1932 to 1957. Established by the Hoover administration and significantly expanded under Franklin D. Roosevelt’s New Deal, the RFC served as a “lender of last resort” to stabilize the American economy during the Great Depression. It provided over $50 billion in loans and investments to banks, railroads, and mortgage companies, ultimately playing a pivotal role in financing industrial production during World War II.
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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