National Steel and Wire Co. - 1902 dated Stock Certificate - Gorgeous Vignette
Inv# GS5820 Stock
Stock printed by American Bank Note Company, New York & Boston. Louis Shattuck Cates
Determination, an ability to organize, and an innate capacity for enlisting the friendly cooperation of his associates are the outstanding characteristics of Louis Cates, traits which have won for him a high place in the mining industry and in the American Institute of Mining and Metallurgical Engineers. Born in Boston in 1881, and educated in the public schools of that city, he attended Massachusetts Institute of Technology, graduating with a B.Se. degree in 1902.
After a short employment with National Steel and Wire Co., young Cates got a job as timekeeper for Boston Consolidated Mining Co., at Bingham Canyon, Utah. His advance with this organization was rapid, and by 1910, when it was taken over by Utah Copper Co., Mr. Cates was general manager of mines and mills. A little later, he was put in charge of Ray Consolidated Copper Co. Read more at https://aimehq.org/about-us/governance/past-presidents/louis-shattuck-cates-deceased
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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