First National Bank of Ossining, New York - Stock Certificate
Inv# BS1284 Stock
Stock printed by Nathan Lanes Sons, New York.
In 1850, the First National Bank built its first building at the site occupied by its successor at South Highland and Croton.
The First National Bank was located at 13 Croton Avenue. Located at the intersection with North Highland Avenue, it is the only Art Deco building in the district, dating to 1930, and the only one of its three bank buildings still used for that purpose.
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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