New Pinos Altos Co., Limited - 1893 dated England Stock Certificate - United Kingdom Share - Possibly New Mexico
Inv# FS2084 Stock
Stock. Possibly New Mexico. Pinos Altos is a census-designated place in Grant County, New Mexico, United States. The community was a mining town, formed in 1860 following the discovery of gold in the nearby Pinos Altos Mountains. The town site is located about five to ten miles north of the present day Silver City. Although once abandoned, the town is now a place for summer homes and caters to tourists. Its population was 198 as of the 2010 census.
Originally named Birchville, after prospector and former outlaw, Robert H. Birch, one of three people who found the first gold, it later took the Spanish name Pinos Altos, meaning tall pines, because there were tall trees growing in the area. These were cut down as the town grew to a population of about 9,000 during the 1880s and 1890s before slowly being abandoned during the early 1900s. Today, many of the original buildings remain. Read more at https://en.wikipedia.org/wiki/Pinos_Altos,_New_Mexico
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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