Kentucky Oil Co. - Stock Certificate
Inv# OS2035 Stock
Pennsylvania
Stock printed by B.F. Corlies & Macy, N.Y. with 25 cents revenue stamp! Civil War era dated! Only 1 found! Rare! Uncancelled and not negotiable.
Orange Noble, John S. Brown, Philander G. Finn, W. Cleveland, Selden Marion, Henry Jarecki, J.F. Downing, H.C. Rogers, Joseph D. Clark and their associates or persons who shall become stockholders, be, and the same are hereby, made and constituted a body-politic and corporate, by the name and style of "The Kentucky Oil Company;" and by the said name they and their successors shall and may have perpetual succession. (Excerpt from Acts passed by Kentucky law 1865).
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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