Home Insurance Company - 1930's dated Insurance Stock Certificate
Inv# GS1139
Stock
Insurance Stock printed by American Bank Note Company. Superb triple vignettes of firefighter, man and woman with children and dog, and four female figures. Scarce!!!
The Home Insurance Building was a skyscraper that stood in Chicago from 1885 to its demolition in 1931. Originally ten stories and 138 ft (42.1 m) tall, it was designed by William Le Baron Jenney in 1884 and completed the next year. Two floors were added in 1891, bringing its now finished height to 180 feet (54.9 meters). It was the first tall building to be supported both inside and outside by a fireproof structural steel frame, though it also included reinforced concrete. It is considered the world's first skyscraper. The building was designed in 1884 by Jenney for the Home Insurance Company. Construction began on May 1, 1884. Read more at https://en.wikipedia.org/wiki/Home_Insurance_Building
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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