National Gas Improvement Co. - Utility Stock Certificate
Inv# US1122 Stock
Stock printed by American Bank Note Co., New York, Litho. Jersey City, New Jersey.
Jersey City is the second-most populous city in the U.S. state of New Jersey, after Newark. It is the county seat of Hudson County as well as the county's largest city. The 2020 United States census showed that the city's population was 292,449, ranking as the 71st-most-populous incorporated place in the nation. The 2020 census represents an increase of 18.1% from the 2010 United States Census, when the city's population stood at 247,597.
After a peak population of 316,715 measured in the 1930 census, the city's population saw a half-century-long decline to 223,532 in the 1980 census. Since then, the city's population has rebounded, with the 2020 population reflecting an increase of 44,852 (18.1%) from the 247,597 counted in the 2010 Census, which had an increase of 7,542 (+3.1%) from the 240,055 counted in the 2000 census, which had in turn increased by 11,518 (+5.0%) from the 228,537 counted in the 1990 census.
Part of the New York metropolitan area, Jersey City is bounded on the east by the Hudson River and Upper New York Bay and on the west by the Hackensack River and Newark Bay. A port of entry, with 30.7 miles (49.4 km) of waterfront and extensive rail infrastructure and connectivity, the city is an important transportation terminus and distribution and manufacturing center for the Port of New York and New Jersey. Jersey City shares significant mass transit connections with Manhattan. Redevelopment of the Jersey City waterfront has made the city one of the largest centers of banking and finance in the United States and has led to the district and city being nicknamed Wall Street West.
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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