S.M.B. Corporation - 1969 dated Stock Certificate

Stock printed by Security-Columbian Banknote Company. Uncancelled and not negotiable. A stock certificate is a formal document that verifies the legal ownership rights associated with a specified number of shares or, as defined by Article 8 of the Uniform Commercial Code, a securities entitlement or proportional share of a fungible bulk within a corporation. The earliest known use of such instruments dates back to 1606 in the Netherlands, with their introduction in the United States occurring by 1800. Traditionally, these certificates were necessary to demonstrate entitlement to dividends, with payment receipts often endorsed on the reverse side; additionally, the original certificate was typically required to facilitate the transfer of ownership of the shares.