Morosco Holding Company, Inc. - Stock Certificate
Inv# GS1622
Stock
Stock printed by American Bank Note Company.
The Morosco Theatre was a Broadway theatre near Times Square in New York City from 1917 to 1982. It housed many notable productions and its demolition, along with four adjacent theaters, was controversial.
Located at 217 West 45th Street, the Morosco Theatre was designed by architect Herbert J. Krapp for the Shuberts, who constructed it for Oliver Morosco in gratitude for his helping them break the monopoly of the Theatrical Syndicate. It had approximately 955 seats. After an invitation-only preview performance on February 4, 1917, it opened to the public on February 5. The inaugural production was Canary Cottage, a musical with a book by Morosco and a score by Earl Carroll.
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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