Pittsburgh and Lake Erie Rail Road Co. signed by Vanderbilt Webb - Stock Certificate
Inv# AG2618 Stock
Pennsylvania
Stock issued to and signed by Vanderbilt Webb on back.
Vanderbilt Webb, (23 Apr 1891-17 June 1956) American lawyer Member Taconic State Park Commission, 1925-1947.; Served as captain Judge Advisory Department, with American Expeditionary Forces, 1917-1919. Trustee Metropolitan Museum of Art, Frick Collection, 1939-1951, American University of Beirut, Groton School, Colonial Williamsburg, Incorporated.; Member Phi Beta Kappa, Delta Kappa Epsilon,Scroll an d Key (Yale). Son of William Seward Webb.
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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