New Orleans Pelicans, Inc. - 1955 dated Stock Certificate
Inv# SR1163 Stock
Stock printed by Goes. New Orleans basketball team!
The New Orleans Pelicans are an American professional basketball team based in New Orleans. The Pelicans compete in the National Basketball Association (NBA) as a member of the Southwest Division of the Western Conference. The team plays its home games at the Smoothie King Center. The Pelicans were established as the New Orleans Hornets in the 2002–03 season when George Shinn, then owner of the Charlotte Hornets, relocated the franchise to New Orleans. Due to the damage caused by Hurricane Katrina in 2005, the team temporarily relocated to Oklahoma City, where they spent two seasons as the New Orleans/Oklahoma City Hornets before returning to New Orleans for the 2007–08 season. In 2013, the Hornets announced that they would change their name to the New Orleans Pelicans after the 2012–13 season. Since 2014, the NBA officially considers the New Orleans franchise as an expansion team that began play in the 2002–03 NBA season. In 22 seasons of play since the original franchise relocated from Charlotte, the New Orleans franchise has achieved an overall regular season record of 831–937 (.470) and qualified for the playoffs nine times. Their achievements include two playoff series victories and one division title. Read more at https://en.wikipedia.org/wiki/New_Orleans_Pelicans
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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