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Imperial Royalties Co. - Kansas City, Missouri Stock Certificate

Inv# GS6227   Stock
Imperial Royalties Co. - Kansas City, Missouri Stock Certificate
State(s): Missouri
Years: 1923

Stock. Kansas City, Missouri. At the start of the 20th century, political machines gained clout in the city, with the one led by Tom Pendergast dominating the city by 1925. Several important buildings and structures were built during this time, including the Kansas City City Hall and the Jackson County Courthouse. During this time, he aided one of his nephew's friends, Harry S. Truman in a political career. Truman eventually became a senator, then vice-president, then president. The machine fell in 1939 when Pendergast, riddled with health problems, pleaded guilty to tax evasion after long federal investigations. His biographers have summed up his uniqueness:

Pendergast may bear comparison to various big-city bosses, but his open alliance with hardened criminals, his cynical subversion of the democratic process, his monarchistic style of living, his increasingly insatiable gambling habit, his grasping for a business empire, and his promotion of Kansas City as a wide-open town with every kind of vice imaginable, combined with his professed compassion for the poor and very real role as city builder, made him bigger than life, difficult to characterize. Read more at https://en.wikipedia.org/wiki/Kansas_City,_Missouri

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
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