Mammoth Spun Silk Corp. - 1920 dated Fairhaven, Massachusetts Stock Certificate (Uncanceled)
Inv# GS6726 Stock
Stock printed by Goes with gold seal. One of Fairhaven's notable residents was Henry Huttleston Rogers (1840–1909), a prominent businessman and philanthropist. Rogers was a key figure in John D. Rockefeller's Standard Oil trust and later played a significant role in developing the Virginian Railway. Alongside his wife, Abbie Gifford Rogers, who was also from Fairhaven and the daughter of the whaling captain Peleg Gifford, Rogers made numerous contributions to the community in the late 19th and early 20th centuries. Their donations included a grammar school, an exceptionally luxurious high school, the Town Hall, the George H. Taber Masonic Building, the Unitarian Memorial Church, the Tabitha Inn, the Millicent Library, and a modern water and sewer system. These structures were built to the highest standards, reflecting Rogers' commitment to quality; many of these buildings remain in use over a century later.
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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