Jaeger Machine Co. - Stock Certificate
Inv# SE2129 Stock
Specimen Stock printed by American Bank Note Company.
The Jaeger Machine Company Office Building is a historic building in the Arena District neighborhood of Columbus, Ohio. It was listed on the National Register of Historic Places in 1983.
The two-story concrete building was constructed in 1936. It was designed simply and affordably, but with Art Deco features for a modern design. The design was by O. G. Mandt, company president, and Lyon Gardner, an engineer. The company was founded in 1906 and successfully produced cement mixers. It declined over time, finally shuttering in 1992.
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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