Molecular Telephone Compay of New York - Stock Certificate
Inv# TT1024 Stock
Stock. Early! Geo. Bell related?
"I now put it to you, could any mechanic skilled in the construction of telephones make a Lockwood-Bartlett receiver from the description of Bell's telephone given in the specification of the patent, or could a mechanic make a Bell telephone from the description of the Lockwood-Bartlett telephone as given in his patent, No. 2,419, June 10, 1880 ? The Molecular Telephone Company of New York, who are the owners of the Lockwood and Bartlett patent, will take such proceedings as they may be advised to protect their patent rights, as well from libel as from infringement, and also to protect their manufacturers from intimidation by threats or otherwise.
I am yours obediently,
W. C. BARNEY, Agent for the Molecular Telephone Company of New York. Messrs. WATERHOUSE & WINTERBOTHAM, Solicitors..." (From The Electrical Review, Volume 11, 1882)
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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