Bank of Kentucky - 1843 dated Stock Certificate - Louisville, Kentucky
Inv# BS1013 StockUncanceled. Interesting graphics by E. Lyman & Co. Rare State. Louisville's early growth was influenced by the fact that river boats had to be unloaded and moved downriver before reaching the falls. By 1828, the population had grown to 7,000 and Louisville became an incorporated city. Early Louisville was a major shipping port and enslaved African Americans worked in a variety of associated trades. The city was often a point of escape for fugitive slaves to the north, as Indiana was a free state.
During this point in the 1850s, the city was growing and vibrant, but that also came with negativity. It was the center of planning, supplies, recruiting, and transportation for numerous campaigns, especially in the Western Theater. Ethnic tensions rose, and on August 6, 1855, known as "Bloody Monday", Protestant mobs attacked German and Irish Catholic neighborhoods on election day, resulting in 22 deaths and widespread property damage. Then by 1861, the civil war had broken out. During the Civil War, Louisville was a major stronghold of Union forces, which kept Kentucky firmly in the Union. By the end of the war, the city of Louisville itself had not been attacked, although skirmishes and battles, including the battles of Perryville and Corydon, took place nearby. After Reconstruction, returning Confederate veterans largely took political control of the city, leading to the jibe that Louisville joined the Confederacy after the war was over. Read more at https://en.wikipedia.org/wiki/Louisville,_Kentucky
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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