J. H. Wade autographed Cincinnati, Wabash & Michigan Railway StockInv# AG1161
Jeptha Homer Wade (1811-1890), Financier, Builder of telegraph lines. Wade was one of the founders of the American commercial telegraph system. President for a short time in 1866 of Western Union Telegraph Co. Also important in Railroads. He started as an itinerant painter of portraits and branched out into photography when he learned of the invention of the daguerreotype and purchased a camera to widen his field of portraiture. Wade signs this 1880-81 State of Indiana Certificate #1 as President! Great!
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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