Columbia National Bank - 8 Different Vignettes - 1890 dated Unissued Pennsylvania Banking Stock Certificate
Inv# BS1228A StockUnissued Stock printed by American Bank Note Co., Phila. Columbia, Lancaster County. 8 Vignettes! Superb! Marine Midland Bank was an American financial institution that was previously based in Buffalo, New York, operating several hundred branches across the state. In 1998, its branch network expanded into Pennsylvania. The bank was acquired by HSBC in 1980 and subsequently rebranded as HSBC Bank USA in 1999. Following a series of transactions in the early 21st century, much of Marine Midland's operations were integrated into KeyBank, with the exception of its branches in Downstate New York and Pennsylvania, which are now under Citizens Bank. Additionally, branches located in Seattle are affiliated with Cathay Bank.
At the dawn of the 20th century, Marine Bank initiated a period of growth through mergers. In 1897, it incorporated the American Exchange Bank, and in 1902, it took over the Buffalo Commercial Bank. That same year, it transitioned to a national bank and adopted the name Marine National Bank of Buffalo, led by president Stephen Merrell Clement. The following significant acquisition occurred in 1913 when Marine absorbed Columbia National Bank. In that same year, the bank constructed a new 17-story office building in Buffalo, known as the Marine Midland Trust Company Building.
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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