Dillingham Corporation - Hawaiian Specimen Stock Certificate
Inv# SE2002 Stock
Specimen Stock printed by American Bank Note Company.
Dillingham Construction was an engineering and construction services company which was based in Hawaii then in Pleasanton, California. The company was founded in the 1880s to build a railroad across the swamps of Oahu, Hawaii. Dillingham later became a leading engineering and construction firm, building dams, airfields, high-rises, hotels and embassies around the world.
The company was forced into bankruptcy in 2003 as a result of mounting debt arising from multi million dollar unpaid change orders from a few public entity clients that refused to pay for the extra work. The company planned to reemerge from Chapter 11 in Florida under the name of one its smaller subsidiaries, Watkins Engineers and Constructors.
Notable projects
- One Embarcadero Center
- Grand Hyatt San Francisco
- 44 Montgomery
- 50 California Street
- BC Place
- US Embassy, Singapore
- US Embassy, Moscow
- Sakkara Air Base
- Izmir Motorway Project
- Hilton Hawaiian Village
- Ala Moana Shopping Center
- Los Angeles Emergency Operations Center
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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