Detroit and Cleveland Navigation Co. - Shipping Stock Certificate
Inv# SS1116 StockOhio
Stock with great ship vignette by Calvert Lith. Co., Detroit. Scarce!
Detroit and Cleveland Navigation Company, often abbreviated as D&C, was a shipping company on the Great Lakes.
The main route was between Detroit, Michigan, and Cleveland, Ohio. Routes also lead to Buffalo, New York with the purchase of the Detroit and Buffalo Steamship Company in 1909. Charters and day-trips were also offered. Most scheduled sailings were overnight sailings, landing in the morning after departure. Each ship was painted with a black hull and white superstructure and white lettering. By 1949, the ships wore all-white paint with blue lettering. The popular line operated from 1868 to 1951 and is often referred to as the owner of many of the Great Lakes' best "floating palaces" and "honeymoon ships".
In its heyday, the D&C Line was among the most well-known shipping companies in business on the Great Lakes, with its vessels being among the largest and most palatial ever seen. Two of them, SS Greater Buffalo and the SS Greater Detroit, were both built in 1923, and were known as the largest side-wheeler passenger ships in the world. Naval architect Frank E. Kirby designed many D&C ships. As ferry and cruise ships, all of the ships of D&C were a success, with various civic groups and companies often chartering each ship on account of their reputations for excellent services and good cuisine. Upon reaching Buffalo, happy honeymoon couples would connect to Niagara Falls. In the late 1930s, the increasing use of the automobile caused passenger numbers to slowly fall.
Read more at https://en.wikipedia.org/wiki/Detroit_and_Cleveland_Navigation_Company
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.
Ebay ID: labarre_galleries