Adams Express Co. - Specimen Stock Certificate - Fantastic Graphics
Inv# SE1322A Stock
Specimen Stock printed by American Bank Note Company. Adams Diversified Equity Fund, Inc., formerly Adams Express Company, is a publicly traded diversified equity fund. It was founded in 1854 and traces its roots to a 19th-century freight and cargo transport business. The Adams Express Building was constructed in 1911 and Adams Express is one of the oldest companies listed on the New York Stock Exchange (NYSE: ADX). It is one of only five companies that has continued to operate as a closed-end fund since 1929. The company has paid dividends continuously since 1935.
Adams Funds uses a conservative investment philosophy and its portfolio is managed with the expectation that it will generate solid returns with lower-than-market risk for long-term investors. Investments are made with an eye toward protecting investors’ original investments and generating dividends and capital gains that can be used as a source of income or reinvested to increase investor holdings in the Fund.
In 1839, Alvin Adams, a produce merchant ruined by the Panic of 1837, began carrying letters, small packages and valuables for patrons between Boston and Worcester, Massachusetts. He had at first a partner named Burke, who soon withdrew, and as Adams & Company, Adams rapidly extended his territory to New York City, Philadelphia and other eastern cities. By 1847, he had penetrated deeply into the South, and by 1850 he was shipping by rail and stagecoach to St. Louis. Read more at https://en.wikipedia.org/wiki/Adams_Funds
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.
Ebay ID: labarre_galleries