Chris-Craft Industries, Inc. - 1972 Boat Making Company Stock Certificate
Inv# SS1313 Stock
New York
Stock printed by Security-Columbian Banknote Company. Chris-Craft Industries, Inc., previously known as National Automotive Fibers, Inc., was an American corporation listed on the New York and Pacific Stock Exchanges. In 1962, the organization rebranded itself after one of its acquisitions, Chris-Craft Boats, a company established in the late 19th century that gained prominence for its mahogany-hulled powerboats during the 1920s to the 1950s. Additionally, Chris-Craft Industries expanded into the broadcasting sector, owning television stations through its subsidiary BHC Communications and playing a role in the founding of the UPN TV network.
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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