Higley Automatic Sulky Co - 1900 circa Unissued Stock Certificate - Most Likely Horse Sulky for Racing
Inv# GS1138 Stock
General Stock. Eagle vignette in upper left corner and female portrait in lower center. Unusual business. Unissued. Rare!!! A sulky is a lightweight cart with two wheels and a seat for the driver, generally pulled by horses or dogs. With horses, a sulky is used for harness racing. The term is also used for an arch-mounted cart on wheels or crawler tracks, used in logging, or other types of vehicle having wheels and usually a seat for the driver, such as a plough, lister or cultivator.
A sulky for horses is a lightweight, two-wheeled, single-seat cart that is used as a form of transportation in many rural parts of the world. A specializes horse sulky is now used in most forms of harness racing in Argentina, Australia, Canada, France, the United States and New Zealand, including both trotting and pacing races. They are reputedly called "sulkies" because the driver must prefer to be alone. Read more at https://en.wikipedia.org/wiki/Sulky
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