Scovill Manufacturing Co. - Specimen Stock Certificate - Waterbury, Connecticut
Inv# SE1055 Stock
Specimen Stock printed by American Banknote Company. Waterbury is a city in the U.S. state of Connecticut. Waterbury had a population of 114,403 as of the 2020 Census. The city is 33 miles (53 km) southwest of Hartford and 77 miles (124 km) northeast of New York City. Waterbury is the largest city in the Naugatuck Valley Planning Region and second-largest city in New Haven County.
At its peak during World War II, 10,000 people worked at the Scovill Manufacturing Co, later sold to Century Brass. The city's metal manufacturing mills (Scovill Manufacturing, Anaconda American Brass, and Chase Brass & Copper were the largest) occupied more than 2 million square feet (180,000 m2) and more than 90 buildings. Read more at https://en.wikipedia.org/wiki/Waterbury,_Connecticut
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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