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Northern Motors, Inc. - 1973 dated Stock Certificate

Inv# AS1253   Stock
Country: Philippines
Years: 1973

Stock with black and red lettering.

Northern Motors, Inc. was a prominent automotive dealership and financing corporation incorporated and active in the Philippines during the mid-20th century, frequently appearing in landmark Philippine Supreme Court jurisprudence concerning installment sales, chattel mortgages, and replevin. he company operated as a major distributor and seller of motor vehicles (such as Opel and Holden models) on an installment or financing basis secured by chattel mortgages. Northern Motors, Inc. was a frequent litigant before the Supreme Court of the Philippines during the 1950s through the 1970s. Notable cases involving the firm—such as Northern Motors, Inc. vs. Herrera (1973), Northern Motors, Inc. vs. Coquia (1975), and Northern Motors, Inc. vs. Sapinoso (1970)—helped shape Philippine commercial law regarding a chattel mortgagee's preferential rights over physical possession, default remedies, and the limits of vendor recovery under the Civil Code.

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
Price: $73.00