Service Motor Truck Co. - 1918 dated Automotive Stock Certificate
Inv# AS1164 Stock
Stock. Larger size measuring 11 7/8" x 10 3/4". Very Rare! John Valentine Beamer (November 17, 1896 – September 8, 1964) was an American businessman and veteran of World War I who served four terms as a U.S. Representative from Indiana from 1951 to 1959. Born on a farm in Wabash County, Indiana, Beamer's father and maternal grandparents were German immigrants. He attended the public schools of Roann, Indiana and graduated from Roann High School in 1914. He graduated from Wabash College in Crawfordsville, Indiana in 1918.
During World War I era, he served as a private first class in the field artillery. He was employed with Service Motor Truck Co., Wabash, Indiana from 1919 to 1921. He was a representative for the Century Company, a school textbook publisher, in New York and Chicago from 1921 to 1928. He later became vice president and general manager of the Wabash Baking Powder Chemical Company from 1928 to 1941. He served as vice president and sales manager, Union Rock Wool Corp. of Wabash, Indiana from 1935 to 1942. Read more at https://en.wikipedia.org/wiki/John_V._Beamer
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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