Webster Fire Insurance Co. - Daniel Webster Vignette - 1855 dated New York Insurance Stock Certificate
Inv# IS1029 StockNew York
Early Stock! Portrait of Daniel Webster. Outstanding! Very Rare! Webster is a town in the northeastern corner of Monroe County, New York, United States. The town is named after orator and statesman Daniel Webster. The population was 42,641 at the 2010 census. The town's motto is "Where Life Is Worth Living." The town contains a village also named Webster. It is located in the Rochester Metropolitan Area. Read more at https://en.wikipedia.org/wiki/Webster,_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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