Columbia Red Metal Mining Co. - Alaska & Washington Stock Certificate
Inv# MS3256 StockWashington
1919 dated Stock. Office out of Seattle, Washington. A shipbuilding boom in the early part of the 20th century became massive during World War I, making Seattle somewhat of a company town. The subsequent retrenchment led to the Seattle General Strike of 1919, the first general strike in the country. A 1912 city development plan by Virgil Bogue went largely unused. Seattle was mildly prosperous in the 1920s but was particularly hard hit in the Great Depression, experiencing some of the country's harshest labor strife in that era. Violence during the Maritime Strike of 1934 cost Seattle much of its maritime traffic, which was rerouted to the Port of Los Angeles. Read more at https://en.wikipedia.org/wiki/Seattle
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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