Titanic Stock Issued to Lehman Bros. - International Mercantile Marine - 1915 dated Stock Certificate
Inv# SS1157F
Stock
Stock printed by American Bank Note Company, New York. Issued to Lehman Bros. with revenue stamps on back.
The White Star Line was a British shipping company. Founded out of the remains of a defunct packet company, it gradually rose up to become one of the most prominent shipping lines in the world, providing passenger and cargo services between the British Empire and the United States. While many other shipping lines focused primarily on speed, White Star branded their services by focusing more on providing comfortable passages for both upper class travellers and immigrants.
Today, it is remembered for the innovative vessel Oceanic and for the losses of some of their best passenger liners, including the wrecking of Atlantic in 1873, the sinking of Republic in 1909, the infamous loss of Titanic in 1912 and the wartime sinking of HMHS Britannic in 1916. Despite its casualties, the company retained a prominent hold on shipping markets around the globe before falling into decline during the Great Depression, which ultimately led to a merger with its chief rival, Cunard Line, which operated as Cunard-White Star Line until 1950, when Cunard purchased White Star's share in the joint company. Cunard Line then operated as a separate entity until 2005 and is now part of Carnival Corporation & plc. As a lasting reminder of the White Star Line, modern Cunard ships use the term White Star Service to describe the level of customer care expected of the company. Read more at https://en.wikipedia.org/wiki/White_Star_Line
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