Ford Motor Co. of Canada, Ltd - Stock Certificate
Inv# AS1128 Stock
Ford Motor Company of Canada, Limited was founded on August 17, 1904, for the purpose of manufacturing & selling Ford automobiles in Canada & the British Empire. It was originally known as the Walkerville Wagon Works & was located in Walkerville, Ontario (now part of Windsor, Ontario). The founder, Gordon Morton McGregor, convinced a group of investors to invest in Henry Ford's new automobile, which was being produced across the river in Detroit, Michigan. The firm manufactures & sells automobiles in Canada, & also in the United States & other countries around the world.
The Ford Motor Company of Canada is a wholly owned subsidiary of Ford Motor Company, although it once had its own distinct group of shareholders. At its formation, Ford Motor Company was not a shareholder of Ford Canada, but its twelve founding shareholders directly held 51% of Ford Canada's shares, & Henry Ford himself owned 13% of the new company. The Company had gained all Ford patent rights & selling privileges to all parts of the British Empire, except Great Britain & Ireland. It eventually established & managed the following subsidiaries:
- Ford Motor Company of Southern Africa
- Ford India Private Limited
- Ford Motor Company of Australia
- Ford Motor Company of New Zealand
Read more at https://en.wikipedia.org/wiki/Ford_Motor_Company_of_Canada
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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