Axe-Houghton Fund A, Inc. - Working Specimen Stock Certificate
Inv# SE1927 StockSpecimen Stock printed by American Bank Note Company. Carrollcliffe, now the Castle Hotel & Spa, and also having been known as Axe Castle, is a building in Tarrytown, New York which was constructed to resemble a European castle, with crenellated towers. It was built of stone in two stages, in 1897 and 1910, and has towers and turrets. It was originally named Carrollcliffe and was built as the residence of "General" Howard Carroll, a journalist, playwright and businessman, with intention that it should be reflect Norman castles in Wales, Scotland and Ireland. a newspaperman and playwright, It is based on a design by the architect Henry Franklin Kilburn. Beginning in 1941, it served for decades as the headquarters of the financial firm Axe-Houghton Management. Read more at https://en.wikipedia.org/wiki/Carrollcliffe
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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