Pack Saddle Gold Mines Co. - Stock Certificate
Inv# MS1288 StockPACK SADDLE GOLD MINES CO. NEVADA Address: Carson City, Nev. Officers: E. H. Walker, pres.; H. R. Mighels. v. p.: E. W. Miller, sec.- treas.: \V. E. Cassnn. mgr., with F. M. Baker, directors. Geo. L. Hedges, supt., Schurz. Nev. Inc. April 11, 1916, in Nevada. Cap., $1,000.000; $1 par; 630.000 outstanding. Property: 7 claims, about 120 acres, in Mineral county, four miles from Reservation Station, said to show a large iron-cap or gossan deposit cut by several quartz veins, carrying copper ore with gold-silver values. Development: by 224' tunnel. Mine under option and further development planned.
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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