Oceanic Instruments, Inc. - Houghton, Washington - 1962 or 1963 dated Stock Certificate
Inv# GS6484 Stock
Stock printed by Corpex-Wolberg, New York. Available in Green or Blue. Please specify color. More Research is needed for this company.
Houghton is one of the lakeside neighborhoods of the city of Kirkland, Washington. Consisting mostly of upscale, single-family homes, Houghton overlooks Lake Washington and is one of the wealthier districts of the Eastside suburbs of Seattle. The village was named for Willard Houghton, a local lumberman. Houghton incorporated in 1948. In 1950, Census records showed there were 1,065 people living in the town of Houghton. The city of Houghton was annexed by Kirkland in 1968 and became the first community in Washington with a neighborhood council.
In earlier times, Houghton was home to several large shipbuilding companies, including Lake Washington Shipyards (a U.S. Navy contractor) and Anderson Steamboat Company, among others. It is located directly across the lake from Sand Point Naval Air Station, which was decommissioned in the 1970s. At one time there was a dock providing access to the Lake Washington ferries. Stewart Heights was a residential area just east of the Burlington Northern tracks on the grounds of what became Northwest University. Many workers for the shipyards near Houghton lived there. Today the shipyards are the site of the lakeside Carillon Point business park. Read more at https://en.wikipedia.org/wiki/Houghton,_Washington
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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