Saint Joseph and Western Railroad Co. signed by G.W. Perkins - Stock Certificate
Inv# AG1936 Stock
Stock issued to and signed on back by Geo. W. Perkins.
George Walbridge Perkins I (January 31, 1862 – June 18, 1920) was an American politician and businessman. He was a leader of the Progressive Movement, especially the Theodore Roosevelt's Progressive party of 1912. Starting as an office boy he became a leading executive in insurance, steel and banking, always on the alert for new and better ways to do business. He was a top aide to financier J. P. Morgan, and handled complex issues involving U.S. Steel, International Harvester, and other large corporations and insurance companies. He was vice-president of New York Life Insurance Company and a partner in J.P. Morgan & Co. He served as president of the Palisades Interstate Park Commission from its creation in 1900 until his death in 1920.
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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