Rath Packing Co. - 1967 dated Stock Certificate
Inv# GS6688 Stock
Stock printed by Security-Columbian Banknote Company. The Rath Packing Company was a meatpacking company located in Waterloo, Iowa, between 1891 and 1985. George John Rath (variously referred to as George Rath and John George Rath) was born in 1821 in Breitenau, Württemberg province, Germany. He came to the United States in the late 1840s and eventually settled in Dubuque, Iowa. In Dubuque, Rath began a merchant business, making and selling soap and tallow candles. He also began a pork packing operation. By 1873 he had a new partner in both endeavors: His son, E. F. (Edward Frederick) Rath, doing business under the name George Rath and Son.
In February 1891, the Rath's small pork packing plant and retail market in Dubuque was destroyed by fire. The fire came at a time when many growing towns in Iowa were trying to attract meat packers to relocate or open operations in their communities. A packing plant was a major acquisition for a small but ambitious town. Such a business meant locally-available fresh meat, employment, and typically created a livestock market, all adding to local commerce and prosperity. Read more at https://en.wikipedia.org/wiki/Rath_Packing_Company
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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