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Russell Sage - Milwaukee and St. Paul Railway - Stock Certificate

Inv# AG1087   Stock
Russell Sage - Milwaukee and St. Paul Railway - Stock Certificate
State(s): Wisconsin
Years: 1862-75

Russell Sage (1816-1906), Financier. Associate of Jay Gould, Sage was one of the shrewdest money manipulators of his time. Active in Railroads and other promotions, he was best known as a money lender during the last quarter century of his life. At his death, his fortune was estimated at $70 million. He was credited with invention of the Wall Street practice of "puts and calls". Stock very nicely signed by Sage at front. Hole cancellations hardly affect his signature. An Exceptional Example. Great!
Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.