Orange Oil Production Co. - Stock Certificate
Inv# OS1892 Stock
Unissued Stock. Orange, Texas. Tape repair. Orange is a city and the county seat of Orange County, Texas, United States. As of the 2020 census, the city population was 19,324. It is the easternmost city in Texas, located on the Sabine River at the border with Louisiana, and is 113 miles (182 km) from Houston. Orange is part of the Beaumont−Port Arthur Metropolitan Statistical Area. Founded in 1836, it is a deep-water port to the Gulf of Mexico.
This community was originally called Greens Bluff after a man named Resin Green, a Sabine River boatman, who arrived at this location sometime before 1830. A short time later, in 1840, the town was renamed Madison in honor of President James Madison. To resolve the frequent post-office confusion with another Texas community called Madisonville, the town was renamed "Orange" in 1858. The area experienced rapid growth in the late 19th century due to 17 sawmills within the city limits, making Orange the center of the Texas lumber industry. Orange's growth led to the arrival of many immigrants in the late 19th century, including a moderately sized Jewish population by 1896. In 1898, the county built a courthouse in the city, which later burned down and was replaced by the Orange County Courthouse. Read more at https://en.wikipedia.org/wiki/Orange,_Texas
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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