Hancock Patent Steam-Blower Co. - Stock Certificate - Interesting Title
Inv# GS5078 Stock
Stock Civil War Dated. Dissolved in 1872. Incorporated Boston, Massachusetts.
Between 1631 and 1890, Boston tripled its area through land reclamation by filling in marshes, mud flats, and gaps between wharves along the waterfront. The largest reclamation efforts took place during the 19th century; beginning in 1807, the crown of Beacon Hill was used to fill in a 50-acre (20 ha) mill pond that later became the Bulfinch Triangle and Haymarket Square. The present-day State House sits atop this lowered Beacon Hill. Reclamation projects in the middle of the century created significant parts of the South End, the West End, the Financial District, and Chinatown.
After the Great Boston fire of 1872, workers used building rubble as landfill along the downtown waterfront. During the mid-to-late 19th century, workers filled almost 600 acres (240 ha) of brackish Charles River marshlands west of Boston Common with gravel brought by rail from the hills of Needham Heights. The city annexed the adjacent towns of South Boston (1804), East Boston (1836), Roxbury (1868), Dorchester (including present-day Mattapan and a portion of South Boston) (1870), Brighton (including present-day Allston) (1874), West Roxbury (including present-day Jamaica Plain and Roslindale) (1874), Charlestown (1874), and Hyde Park (1912). Other proposals were unsuccessful for the annexation of Brookline, Cambridge, and Chelsea.
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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