Wm. H. Crocker - Northern Water and Power Co. - Stock CertificateInv# AG1863 Stock
Stock issued to and signed at back by Wm. H. Crocker, son of Chas. Crocker. Certificate #6. Nice!
William H. Crocker founded and then later became the president of Crocker National Bank. He attended Phillips Academy, Andover and Yale University. He donated the Crocker family's Nob Hill block for Grace Cathedral. Crocker also chaired the Panama-Pacific Exposition Committee and SE Community Chest, and was a key member of the committee that built the San Francisco Opera House and Veterans Building. Crocker was the founder of Crocker Middle School located in Hillsborough, California. When the fire from the 1906 earthquake destroyed much of the city of San Francisco, William Crocker and his bank were major forces in financing reconstruction. He was a University of California regent for nearly thirty years and funded the Lawrence Radiation Laboratory's second cyclotron. His father, Charles Crocker (1822-1888), had been a builder of the Central Pacific Railroad. In the 1890s, his wife, in part, lent William Kingston Vickery, owner of the San Francisco art gallery Vickery, Atkins & Torrey, a number of French Impressionist paintings. Vickery then supervised a series of these loan exhibitions in San Francisco and introduced Impressionism to California in the form of paintings by Monet, Eugene Boudin, Paul Cézanne, Camille Pissarro, Pierre-Auguste Renoir, and Edgar Degas. His uncle's home in Sacramento, California, was converted into the Crocker Art Museum and was the first art museum to open in the West. His nephew, Harry Crocker, was a movie star in the 1920’s and, at one time, the personal assistant of Charlie Chaplin.
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.