General Tire and Rubber Co - Stock Certificate
Inv# AS1058
Stock
Stock produced by the American Bank Note Co.
Continental Tire the Americas, LLC, d.b.a. General Tire, is an American manufacturer of tires for motor vehicles. Founded in 1915 in Akron, Ohio by William Francis O'Neil, Winfred E. Fouse, Charles J. Jahant, Robert Iredell, & H.B. Pushee as The General Tire & Rubber Company (also referenced as The General Tire & Rubber Co.; commonly referred to as General Tire starting in the 1960s) using funding from O'Neil's father, Michael, who owned Akron's O'Neil's department store, the company later diversified (in 1984) into a conglomerate (GenCorp) with holdings in tires (General Tire), rubber compounds (DiversiTech General), rocketry and aeronautics (Aerojet), entertainment and news (RKO General), and real estate. The tire division was sold to Germany's Continental in 1987, becoming Continental Tire North America, before its re-incorporation again to its current name. The compounds division was spun off & became OMNOVA Solutions. The rocketry business was kept and expanded, and after a couple company name changes, the parent company is now Aerojet Rocketdyne Holdings.
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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