Skip to main content

United Post Offices Corporation - Stock Certificate

Inv# GS6119   Stock
United Post Offices Corporation - Stock Certificate
State(s): Delaware
Years: 1937

Stock printed by Franklin Lee Division - American Bank Note Co. Comes with stockholder letter. Unusual!

In relation to the United Post Offices Corporation, the United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is an independent agency of the executive branch of the United States federal government responsible for providing postal service in the United States, including its insular areas and associated states. It is one of the few government agencies explicitly authorized by the United States Constitution. The USPS, as of 2020, has 495,941 career employees and 148,092 non-career employees.

The USPS traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first postmaster general; he also served a similar position for the colonies of the Kingdom of Great Britain. The Post Office Department was created in 1792 with the passage of the Postal Service Act. It was elevated to a cabinet-level department in 1872, and was transformed by the Postal Reorganization Act of 1970 into the United States Postal Service as an independent agency. Since the early 1980s, many direct tax subsidies to the USPS (with the exception of subsidies for costs associated with disabled and overseas voters) have been reduced or eliminated.

The USPS has a monopoly on "letter" delivery within the United States and operates under an universal service obligation (USO), both of which are defined across a broad set of legal mandates, which obligate it to provide uniform price and quality across the entirety of its service area. The Post Office has exclusive access to letter boxes marked "U.S. Mail" and personal letterboxes in the United States, but has to compete against private package delivery services, such as United Parcel Service, FedEx, and Amazon.

Read More

Read Less

Condition: Excellent

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.

Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK