Allegheny Airlines, Inc. - 1974 dated Stock Certificate
Inv# VS1124
Stock
New York
Stock printed by Security-Columbian Banknote Company. Incorporated in 1937.
Allegheny Airlines was a local service carrier that operated out of Pittsburgh, Pennsylvania, from 1952 to 1979, with routes primarily located in the eastern U.S. It was the forerunner of USAir that was subsequently renamed US Airways, which itself merged with American Airlines. Its headquarters were at Washington National Airport in Arlington County, Virginia. Allegheny Airlines began as All American Aviation Company providing mail delivery starting on March 7, 1939. It was founded by du Pont family brothers Richard C. du Pont and Alexis Felix du Pont Jr. Read more at https://en.wikipedia.org/wiki/Allegheny_Airlines
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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