Great Falls Water Power & Townsite Co. - 1890's circa Gorgeous Montana Utility Unissued Stock Certificate
Inv# US1158 StockUnissued Stock printed by American Bank Note Company, New York. Gorgeous vignette! Great Falls is the third most populous city in the U.S. state of Montana and the county seat of Cascade County. The population was 60,442 according to the 2020 census. The city covers an area of 22.9 square miles (59 km2) and is the principal city of the Great Falls, Montana, Metropolitan Statistical Area, which encompasses all of Cascade County. The Great Falls MSA’s population stood at 84,414 in the 2020 census.
Meriwether Lewis and William Clark led the Lewis and Clark Expedition into the newly purchased territory from 1804–1806. The expedition came upon the "Great Falls of the Missouri River" on June 13, 1805. Politically, the future site of Great Falls passed through numerous hands in the 19th century. It was part of the unincorporated frontier until May 30, 1854, when Congress established the Nebraska Territory. On March 2, 1861, the site became part of the Dakota Territory. The Great Falls area was incorporated into the Idaho Territory on March 4, 1863, and then into the Montana Territory on May 28, 1864. It became part of the state of Montana upon that territory's admission to statehood on November 8, 1889. Read more at https://en.wikipedia.org/wiki/Great_Falls,_Montana
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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