Newhall Land and Farming Co. - Stock Certificate
Inv# SE2196 StockDelaware
New York
Specimen Stock printed by American Bank Note Company.
The master planned portion of Valencia was first planned in the 1960s by the Newhall Land and Farming Company. Development began in 1967, continues to the present day, and is nearing completion. Valencia is notable for its landscaped boulevards connecting a mix of apartment buildings, single-family detached homes, shopping centers, office parks and industrial warehouses.
In 2004, the Lennar Corporation acquired Newhall Land and Farming Company for $990 million.
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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