Ford Motor Co. of Canada, Ltd - 1930 dated Automotive Stock Certificate - Less than 100 Share Blue Type
Inv# AS1112A StockNice vignette by Canadian Bank Note Co., Limited. Rare! Ford Motor Company of Canada, Limited (French: Ford du Canada Limitée) was founded on August 17, 1904, for the purpose of manufacturing and selling Ford automobiles in Canada and the British Empire. It was originally known as the Walkerville Wagon Works and was located in Walkerville, Ontario (now part of Windsor, Ontario). The founder, Gordon Morton McGregor, convinced a group of investors to invest in Henry Ford's new automobile, which was being produced across the river in Detroit, Michigan. The firm manufactures and sells automobiles in Canada, and also in the United States and other countries around the world.
The Ford Motor Company of Canada is a wholly owned subsidiary of Ford Motor Company, although it once had its own distinct group of shareholders. At its formation, Ford Motor Company was not a shareholder of Ford Canada, but its twelve founding shareholders directly held 51% of Ford Canada's shares, and Henry Ford himself owned 13% of the new company. The Company had gained all Ford patent rights and selling privileges to all parts of the British Empire, except Great Britain and Ireland. Read more at https://en.wikipedia.org/wiki/Ford_Motor_Company_of_Canada
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.
Ebay ID: labarre_galleries