Mechanics National Bank of Burlington, N. J. - 1920's dated New Jersey Banking Stock Certificate
Inv# BK1072 Stock
Stock printed by Wm. F. Murphy’s Sons Co., Phila. Most with at least 1 ten cents revenue stamp! Burlington is a city situated on the banks of the Delaware River in Burlington County, in the U.S. state of New Jersey. It is a suburb of Philadelphia. As of the 2020 United States census, the city's population was 9,743, a decrease of 177 (?1.8%) from the 9,920 recorded at the 2010 census, which in turn reflected an increase of 184 (+1.9%) from the 9,736 counted in the 2000 census. The city, and all of Burlington County, is a part of the Philadelphia-Reading-Camden combined statistical area and the Delaware Valley (i.e. the Philadelphia metropolitan area).
The council of West Jersey Proprietors purchased roughly 30 miles (48 km) of riverfront land in 1676 from the Lenape Native Americans. Burlington was founded on part of that land by English settlers (primarily Quakers) in 1677. It served as the capital of the province until 1702, when West Jersey and East Jersey were combined into a single Crown Colony. Burlington takes its name (including the county name) from the town of Bridlington, England of which Burlington was a district. It is now amalgamated into the larger Bridlington town. Read more at https://en.wikipedia.org/wiki/Burlington,_New_Jersey
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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