Detroit Creamery Realty Co. - 1929 dated Michigan Realty Stock Certificate
Inv# RE1081 Stock
Stock printed by Goes. Jerome Hosmer Remick (15 November 1867 – 15 July 1931) was an American music publisher, businessman and philanthropist in Detroit, Michigan. He established Remick Music Company, Shapiro-Remick & Company with Maurice Shapiro, and then Jerome H. Remick & Co. Remick was an enthusiastic gentleman farmer and owned a 2,200-acre (8.9 km2) estate on Gratiot Avenue, growing fruit and vegetables, and raising chickens. His livestock included a herd of prize Holsteins, leading to a controlling interest in the Detroit Creamery Co. Read more at https://en.wikipedia.org/wiki/Jerome_H._Remick
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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