Hydraulic Safety Steering Co. - Shipping Stock Certificate
Inv# SS1341 Stock
Stock with great ship vignette!
A ship's wheel or boat's wheel is a device used aboard a water vessel to steer that vessel and control its course. Together with the rest of the steering mechanism, it forms part of the helm. It is connected to a mechanical, electric servo, or hydraulic system which alters the horizontal angle of the vessel's rudder relative to its hull. In some modern ships the wheel is replaced with a simple toggle that remotely controls an electro-mechanical or electro-hydraulic drive for the rudder, with a rudder position indicator presenting feedback to the helmsman.
Until the invention of the ship's wheel, the helmsman relied on a tiller—a horizontal bar fitted directly to the top of the rudder post—or a whipstaff—a vertical stick acting on the arm of the ship's tiller. Near the start of the 18th century, a large number of vessels appeared using the ship's wheel design, but historians are unclear when the approach was first used.
Read more at https://en.wikipedia.org/wiki/Ship%27s_wheel
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.
Ebay ID: labarre_galleries