Cushing-Garber Oil and Refining Co. - 1919 dated Arizona Oil Stock Certificate - Offices in Stillwater, OK & Phoenix, AZ
Inv# OS1374 Stock
Stock printed by Goes. Excerpt from Petroleum Register, M. Palmer, 1921:
CUSHING-GARBER OIL & REFINING CO., Stillwater, Okla. Organized Ariz., 1918.
Annual Meeting: 1st Mon., Jan.
Officers: J. W. McCully, Pres.; E. R. Boler, Vice Pres.; S. M. Myers, Sec'y, Treas., Gen'l Mgr. and Pur. Agt.
Capital Stock: Authorized, $1,500,000; all common; issued, $60,000; par value, 10c.
Properties: Leases in Oklahoma and Kansas.
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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