Panama-California Exposition - 1914 dated Stock Certificate
Inv# WF1051 StockStock with 5 cents revenue stamp! San Diego, California. The Panama–California Exposition was a world exposition held in San Diego, California, between January 1, 1915, and January 1, 1917. The exposition celebrated the opening of the Panama Canal, and was meant to tout San Diego as the first United States port of call for ships traveling north after passing westward through the canal. The fair was held in San Diego's large urban Balboa Park. The park held a second Panama-California exposition in 1935. Read more at https://en.wikipedia.org/wiki/Panama–California_Exposition
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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