Ojibway Mining Co. - 1909-10 dated Stock Certificate - Very Beautiful Indian Vignette
Inv# MS3512 Stock
Stock with Indian vignette printed by American Bank Note Company, New York & Boston. The Windsor Salt Mine currently operates two locations in Windsor, Ontario, Canada. The first is the Ojibway Mine at 200 Morton Drive in Windsor, established in 1955, and is owned by The Canadian Salt Company, Limited. The facility has 250 employees, earns roughly $75–99 million a year, producing road and mining salt. The second location is the Windsor Facility of the Canadian Salt Company, located at 30 Prospect Ave. in Windsor. This facility employs 110 and estimates their sales at $25–50 million a year. It was established much earlier than the first, in 1893. Its main products are salt used for human consumption, water softening and agriculture. In 2008, Canadian Salt mined approximately 9.5 megatonnes from the Windsor mine, 85% of which went to deicing highways, and the remainder for manufacturing caustic soda and chlorine, producing pulp and paper, and water treatment. Read more at https://en.wikipedia.org/wiki/Windsor_Salt_Mine
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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