Co-Operative Drug Co. - 1921 dated Pharmaceutical Stock Certificate
Inv# MP1033 Stock
Stock printed by Security Bank Note Co., Phila. Co-Operative Drug Company Inc. was established in Knoxville, Tennessee, in 1925 as a successor to Bradley Drug Company; however, it ceased operations within a year. A cooperative, often referred to as a co-op, is an enterprise that is owned and governed democratically by its members. Each member possesses a say in the management of the business, and the products or services offered by the co-op are designed to benefit the member-owners.
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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