Sea Island Co. - Cotton - 1865 South Carolina, Georgia, & Florida Stock Certificate - Great History!
Inv# GS1228A StockGeorgia
New York
South Carolina
Stock. No vignette, but ornate title & so rich in history. 25 cents Washington revenue stamp! Civil War era dated! Certificate #14 or 17. Rare!!
Sea island is a historical market class. It was actively marketed from 1790 to 1920. It was grown on the islands off the coast of South Carolina, Georgia, and Florida. It once was an important market class. In the markets of Europe, it suffered little competition from cottons with similar characteristics from its inception until the interruption of trade resulting from the U.S. Civil War.
The origins of sea island cotton has been the subject of considerable controversy. Nevertheless, developing the market class required developing cultivars that would be productive in the sea islands, and developing a product that was distinct from other kinds of cotton. It also required at least some producers and consumers to agree "sea island" was a useful category.
One of the challenges explaining the development of long fiber cotton that would thrive in the sea islands is the cotton in the sea islands came from the West Indies, an area where all the cultivated cotton was short fiber (by today's standards) and required a long growing season. A distinctive cotton could not be developed in the sea islands, at least not by the methods of hybridization or selection, because frost killed the plants before they had a chance to produce seed. Read more at https://en.wikipedia.org/wiki/Sea_Island,_Georgia
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.
Ebay ID: labarre_galleries