Select Investors, Inc. - 1929 dated Stock Certificate - Year of the Great Stock Market Crash
Inv# IV1054 Stock
Stock printed by Goes. Lancaster, New York. Lancaster is a town in Erie County, New York, United States, centered 14 miles east of downtown Buffalo. Lancaster is an outer ring suburb of Buffalo. As of the 2020 Census, the town population was 45,106. Located within the town is the village of Lancaster and the eastern half of the village of Depew. Depew's western half lies within the town of Cheektowaga.
In 1803, the Holland Land Company sold its first plot of land in the future town. The town of Lancaster was formed from the town of Clarence in 1833. The town was named after Lancaster, Massachusetts, but the reason for applying this name is not known. Originally called "Cayuga Creek", the town later incorporated and obtained the current name. Read more at https://en.wikipedia.org/wiki/Lancaster,_New_York
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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