Boston Fire Patrol Co. - Stock Certificate
Inv# GS5699 StockStock printed by Goes. Boston, Massachusetts.
Firefighting in the United States dates back to the earliest European colonies in the Americas. Early firefighters were simply community members who would respond to neighborhood fires with buckets. The first dedicated volunteer fire brigade was established in 1736 in Philadelphia. These volunteer companies were often paid by insurance companies in return for protecting their clients.
As cities grew this method became unreliable, and the first professional fire department was established in Cincinnati in 1853. By the 20th century fire departments were forced to adapt to more modern hazards and dangers, such as high rise and hazardous material fires. They also began to expand their services to include other, non-fire, public safety needs including vehicle rescue and EMS service. As of 2018, 62% of fire departments offered some form of emergency medical response.
Firefighters in the United States today are organized along paramilitary lines, and are most often grouped into city or county departments. They utilize modern equipment. Professional fire departments protect 68% of the US population, with a total of 1,216,600 firefighters serving in 27,228 fire departments nationwide and responding to emergencies from 58,150 fire stations. Union firefighters are represented by the International Association of Fire Fighters (IAFF). The New York City Fire Department is the largest in the United States.
Firefighters in America are widely respected, with over 80% of Americans considering firefighting to be a prestigious occupation, in 2018.
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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