Searight Cattle Co. - 1880's dated Gorgeous Unissued Wyoming Stock Certificate
Inv# GS1453
Stock
Unissued Stock. Three superb vignettes across top of stock by Western Bank Note & Eng. Co. Gorgeous Graphics!
Gilbert A. Searight came from the area of Lancaster, Pennsylvania, to Burnet County, Texas, about 1859 and acquired through the courts land left by an uncle, Peter Kerr, to the county for the building of a school. Searight operated a ranch there before and after the Civil War. In 1876, he began his first cattle business, Searight and Orr, with Hugh N. Orr, in Laramie County, Wyoming Territory. In 1883, Searight Cattle Company was formed with his brother, George P. Searight, in the same place. With W. S. Carothers, a cousin, and other family members, he formed Dolores Land and Cattle Company with land holdings in Dimmit, Zavala, and Kinney counties of Texas covering more than 200 acres. (Utexas.edu)
The Territory of Wyoming was an organized incorporated territory of the United States that existed from July 25, 1868, until July 10, 1890, when it was admitted to the Union as the State of Wyoming. Cheyenne was the territorial capital. The boundaries of the Wyoming Territory were identical to those of the modern State of Wyoming. Read more at https://en.wikipedia.org/wiki/Wyoming_Territory
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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