Hong Kong Group Mining Co. - Stock Certificate
Inv# MS2750 Stock
Stock printed by Adams & Grace, N.Y. "Hong Kong Group Mining Co. Incorporated 1906. Office at 20 Broad Street, New York City. No record of activity and out of existence since 1906. value found for stock November 27, 1907, for inheritance tax. Hong Kong Group Mining Co. Incorporated Arizona. Inactive. No value found for stock April 21, 1913, for inheritance tax." From Marvyn Scudder Manual of Extinct Or Obsolete Companies, Volume 1 Dated 1926.
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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