United States Lithium Corp. - Utah Mining Stock Certificate
Inv# MS3416 Stock
Stock with 1,000 or 100 shares for 10¢ each. Uncancelled and not negotiable.
This may or may not be the same company as the Lithium Corporation of America which was a mining company which mined lithium-bearing spodumene and pegmatite ores near Bessemer City, Gaston County, North Carolina, United States and in the Black Hills of South Dakota. In September 1959, Lithium Corporation of America was sued for breach of contract by a Canadian producer of lithium concentrate, Quebec Lithium Corporation, from which it had been buying lithium concentrate.
In 1985, Lithium Corporation of America was acquired by FMC Corporation, formerly known as Food Machinery and Chemical Corporation. At the time it was acquired, the company was the world's largest producer of lithium. FMC's lithium operations were known as FMC Lithium. In 2019 FMC completed the spin-off of its lithium operations as a new company, Livent Corporation. Read more at https://en.wikipedia.org/wiki/Lithium_Corporation_of_America
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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