Badiraguato Gold Mining and Milling Co. - Stock Certificate
Inv# MS2266 Stock
Stock signed by Geo. F. Baker as secretary.
George Fisher Baker (March 27, 1840 – May 2, 1931) was an American financier and philanthropist. Known as the "Dean of American Banking," Baker was known for his silence in public. He made a huge fortune after the Civil War in railroads and banking, and at his death he was estimated to be the third richest man in the United States, after Henry Ford and John D. Rockefeller.
Baker was born in Troy, New York, to Eveline Stevens Baker and George Ellis Baker, a shoe-store owner who was elected in 1850 on the Whig ticket to the New York State Assembly. At 14, young George entered S.S. Seward Institute in Florida, New York, where he studied geography, bookkeeping, history, and algebra. At 16, he was hired as the junior clerk in the New York State Banking Department.
Baker did not attend university, but instead enlisted in the 18th Regiment of the Massachusetts Volunteers at the start of the Civil War, and rose to the rank of first lieutenant and adjutant.
He was a member of the Jekyll Island Club (aka The Millionaires Club) on Jekyll Island, Georgia. He was also a member of the New York Yacht Club, having been elected in 1895.
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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