Puritan Fund, Inc. - Specimen Stock Certificate
Inv# SE2240 Stock
Specimen Stock printed by American Bank Note Company. Edward Crosby Johnson II (January 19, 1898 – April 2, 1984) was an American businessman and lawyer who founded Fidelity Investments. In May 1930 he was granted permission to start “The Fidelity Fund”by John C. Hull, serving as the President, Vice President and Treasurer. In 1946, he founded Fidelity Management and Research, and he served as its chairman. By 1958, Johnson managed over $400 million combined with $357 million in the Fidelity Fund and $59 million in his new Puritan Fund. Beginning in 1969, Johnson chaired the board of Fidelity Management and Research. Read more at https://en.wikipedia.org/wiki/Edward_C._Johnson_II
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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