Lubec Silver Mining Co. - 1878 dated Maine Mining Stock Certificate
Inv# MS2026 Stock
New York
Stock. Lubec is a town in Washington County, Maine, United States. It is the easternmost municipality in the contiguous U.S. and is the country's closest continental location to Africa.
The town, with a population of 1,237 at the 2020 census, is home to Quoddy Head State Park. Located on a peninsula overlooking an ice-free harbor, the town was first settled about 1775. Originally part of Eastport, it was set off and incorporated on June 21, 1811, and named for Lübeck, Germany. Following the War of 1812, Lubec was the site of considerable smuggling trade in gypsum, although principal industries remained agriculture and fisheries. By 1859, there was a tannery, three gristmills and nine sawmills; by 1886, there were also two shipyards, three boatbuilders and three sailmakers. Read more at https://en.wikipedia.org/wiki/Lubec,_Maine
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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