Pacific American Co. - Shipping Stock CertificateInv# SS1332 Stock
Stock printed by Schwabacher-Frey-San Francisco. May have been associated with the Pacific American Fisheries, Inc. This company was one of the world's major salmon canning operations, operated on Puget Sound and in Alaska between 1899 and 1965, with headquarters in Bellingham, 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.