Big Vein Pocahontas Co. - circa 1920's Unissued Stock Certificate
Inv# GS5950 Stock
Unissued Stock. The lease involved in the case of Big Vein Pocahontas Co. v. Browning,' employed the term "available" (which would seem synonymous with minable), and the court said that it included all coal recoverable as a practical and reasonable mining proposition, considering actual conditions, costs and all surrounding circumstances." Another analogous term occasionally employed is "workable." An English writer has said in this connection, "'unworkable' does not mean physically unworkable, but ‘unwork-able without serious loss over a considerable period of time.' Read more at https://researchrepository.wvu.edu/cgi/viewcontent.cgi?article=4035&context=wvlr
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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