Chicago, Wilmington and Vermillion Coal Co. of Illinois - Stock Certificate
Inv# MS2224 StockStock. In operation from 1871 to 1914.
The Chicago and Wilmington Coal Company, composed mainly of Boston and Chicago capitalists, was organized in 1866, and commenced operations in Wilmington township. This company has subsequently been consolidated with the Vermilion Coal Company of Streator, La Salle County, under the corporate name of the Chicago, Wilmington, and Vermilion Coal Company, and was the largest mining corporation in the State by 1871.
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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