Belknap Hardware and Manufacturing Co - Kentucky Stock Certificate
Inv# GS1054 Stock
General Stock printed by Western Bank Note & Engraving Co., Chicago. Portrait of bearded gentleman, likely Mr. Belknap, founder of the company. Kentucky is a rather scarce state.
Belknap Hardware and Manufacturing Company, also known as Belknap Hardware Company or simply Belknap Hardware, located in Louisville, Kentucky, was at one time a leading American manufacturer of hardware goods and a major wholesale competitor of retail sales companies Sears, Roebuck, and Company and Montgomery Ward. Belknap excelled both in catalog sales and widespread distribution of its own name-brand manufactured products.
The company's founder William Burke Belknap the elder (1811–1884) was born in Brimfield, Massachusetts the son of Morris Burke Belknap the elder (1780–1877) and Phoebe Locke Thompson Belknap (1788–1873) and is not to be confused with William Burke Belknap the younger (1885–1965) or William Burke Belknap, Jr. The elder William Burke Belknap started the company on the banks of the Ohio River in 1840. His father Morris Burke Belknap the elder had earlier developed iron foundries and other related businesses in Massachusetts which influenced his son's founding of the Belknap Hardware and Manufacturing Company. Morris Burke Belknap (1856–1910), also known as Morris B. Belknap or Col. Morris Belknap, was a vice president of Belknap Hardware. and was married to Lily Buckner., the daughter of Simon Bolivar Buckner. Read more at https://en.wikipedia.org/wiki/Belknap_Hardware_and_Manufacturing_Company
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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