Malartic Gold Mines, Limited - Foreign Stock Certificate
Inv# FS2392 Stock
Stock with blue border and light green background coloring. Ontario, Canada. Slight staining. Malartic is a town on the Malartic River in northwestern Quebec, Canada, in the La Vallée-de-l'Or Regional County Municipality. It is located about 80 kilometres (50 mi) east of the centre of Rouyn-Noranda along Quebec Route 117 and the Canadian National Railway. In addition to the main settlement of Malartic, the municipality also includes the smaller settlement of Norrie. At the time when the Abitibi region was being surveyed and organized in 1907, the name Malartic was chosen for the geographic township and lake, following the pattern of assigning names of regiments and officers of General Montcalm's army. It was named after Anne Joseph Hippolyte de Maurès, Comte de Malartic, aide de camp to Montcalm.
The discovery of major gold deposits in 1923 led to a gold rush in the Abitibi region, attracting settlers (exclusively men during the first six years) to the area in 1928. In 1935, the Canadian Malartic Gold Mines began operation, employing people from all over the province, Canada, and several east European countries. Together with Eastern Malartic and Malartic Goldfields that began operating in 1937 and 1939 respectively, these three became Quebec's largest gold mines. But newly arriving workers were not permitted to settle near the mines and would build a squatter camp on Crown land about 4 km (2+1⁄2 miles) north of Malartic, that became the community of Roc d'Or. The two settlements grew concurrently, duplicating services. But the parishes (Saint-Martin-de-Tours in 1928), railway station, and post office (1936) were established near the mines in Malartic. Read more at https://en.wikipedia.org/wiki/Malartic,_Quebec
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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