Lawyers Mortgage Company - 1930's dated Financial Stock Certificate
Inv# BS1314 Stock
Stock printed by American Bank Note Company, N.Y. John Thomas Lockman (September 26, 1834 – September 27, 1912) was an American lawyer and soldier who was brevetted Brigadier General for his efforts for the Union Army in the U.S. Civil War.
After the War ended, Lockman resumed studying the law and graduated from Columbia Law School in April 1867. Lockman later became a member of the law firm of DeWitt, Lockman & Kip, based at 88 Nassau Street, with George Gosman DeWitt, his brother Jacob Kennedy Lockman, and George Goelet Kip, later known as DeWitt, Lockman & DeWitt. The firm was known for its work defending the estates of New York's old Dutch families. He was also a director of the Lawyers Mortgage Company and the Mortgage Bond Company.
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