Alaska Gold Mining Co. - 1898 dated Stock Certificate
Inv# AH1020
Stock
Indiana
Stock with one 5 cents, 10 cents and 25 cents revenue stamp.
The Indiana group, the property of the Alaska Gold Mining Company, is situated on Johnson Creek, 3/4 of a mile northwest of the Jualin mine. It was located in 1896, after the Jualin had been opened, and was acquired by the company in 1897. During the latter year most of the present improvements were made. A 10-stamp mill and accessory buildings were erected and a steel water pipe line several thousand feet in length was laid. The mill has never been operated, and it and the building have been demolished by winter storms.
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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