Jeffrey Hardware Co. - Red Lodge, Montana Stock Certificate
Inv# GS5773 StockUnissued Stock. Red Lodge, Montana. Red Lodge is a city and county seat of Carbon County, Montana, United States. As of the 2020 census, the population of the city was 2,257. On September 17, 1851, the United States government signed a treaty with the Crow Nation, ceding the area which now contains Red Lodge, MT to the Crow Indians. Rich coal deposits were found there in 1866, and gold was discovered nearby in 1870. An 1880 treaty between the U.S. government and the Crow allowed the area to be settled starting April 11, 1882.
The Red Lodge post office was established on Dec 9, 1884 with Postmaster Ezra L. Benton. A rail line was constructed into town, and coal shipments began in June 1889. The boundaries of the Crow Reservation were redrawn October 15, 1892, opening the whole area to settlement. From then until the 1930s, coal mining defined the town. In the late 19th century, many new settlers came to Red Lodge, MT. The majority came from Italy, the British Isles, Finland, Norway, Sweden, Germany, and Austria-Hungary. By the mid-1880s, migrants were still outnumbered by large numbers of Native Americans. By 1892 the population reached 1,180. In 1896, Red Lodge had twenty saloons and, as the library records show, riotous and violent living was characteristic of the town. By 1906 the population had grown to 4,000 and by 1911 this had increased to 5,000. Read more at https://en.wikipedia.org/wiki/Red_Lodge,_Montana
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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