Justin Projectile Co. dated 1894- Stock Certificate
Inv# GS6618 Stock
Stock printed by American Bank Note Co., New York with gold seal. Signed as president by Joel G. Justin. Justin developed a dynamite shell that evidently did not work very well during the initial experiments and destroyed the guns that fired the shells, the shells were 3 feet long and 9 inches in diameter and held 30 pounds of nitro-gelatin, Rare early military weapon manufacturer. Uncancelled and not negotiable. Rare!
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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