Clarion Electric Co. - 1898-1919 dated Pennsylvania Utilty Stock Certificate
Inv# US1082 Stock
Stock. Clarion serves as a borough and the administrative center of Clarion County in Pennsylvania, United States. It is situated 77 miles (124 km) to the north-northeast of Pittsburgh and falls within the Pittsburgh Designated Market Area. Established in 1839 and incorporated in 1841, Clarion has a historical background marked by the extraction of natural gas, oil, lumber, and coal in its vicinity. The population figures reflect a decline, with 2,004 residents recorded in 1900, 2,864 in 1910, and 3,931 according to the 2020 census, a decrease from 5,276 in 2010. The borough hosts the annual Autumn Leaf Festival and is the location of PennWest Clarion. Additionally, the county courthouse was listed on the National Register of Historic Places in 1979.
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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