Consolidated Steamship Lines - 1907 dated Stock Certificate - Gorgeous Design
Inv# SS1190 Stock
New York
Stock printed by American Bank Note Company, New York & Boston. Great ship vignette! Consolidated Steamship was founded by Charles W. Morse. On January 1, 1907 Charles W. Morse joined the Mallory Line, Porto Rico Line, the Ward Line, the Metropolitan Steamship Company and Eastern Steamship Company to form the Consolidated Steamship Lines. The financial crisis panic of 1907 put Consolidated Steamship Company into bankruptcy in 1908. Out of the bankruptcy the Consolidated Steamship Company was sold to the Atlantic, Gulf and West Indies SS Company (AGWI Inc.). The Metropolitan Steamship Company and Eastern Steamship Company that were part of Consolidated Steamship Company were not sold to Agwilines Inc. Read more at https://en.wikipedia.org/wiki/Agwilines_Inc
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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