Las Vegas Cinema Inc. - 1970's dated Entertainment Stock Certificate
Inv# ET1122 Stock
Stock printed by Education Systems & Publication, Belleville, New Jersey. Las Vegas was founded as a city in 1905, when 110 acres (45 ha) of land adjacent to the Union Pacific Railroad tracks were auctioned in what would become the downtown area. In 1911, Las Vegas was incorporated as a city.
1931 was a pivotal year for Las Vegas. At that time, Nevada legalized casino gambling and reduced residency requirements for divorce to six weeks. This year also witnessed the beginning of construction on nearby Hoover Dam. The influx of construction workers and their families helped Las Vegas avoid economic calamity during the Great Depression. The construction work was completed in 1935.
During the 1960s, corporations and business tycoons such as Howard Hughes were building and buying hotel-casino properties. Gambling was referred to as "gaming", which transitioned it into a legitimate business. Learning from Las Vegas, published during this era, asked architects to take inspiration from the city's highly decorated buildings, helping to start the postmodern architecture movement. Read more at https://en.wikipedia.org/wiki/Las_Vegas
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