Second National Bank of Cooperstown - 1899-1906 dated Banking Stock Certificate - Baseball Hall of Fame - Cooperstown, New York
Inv# BS1336
Stock
Stock. The Bank of Cooperstown (1853-1864) became the Second National Bank of Cooperstown, charter number 223, in Cooperstown, New York in Otsego County and was granted a charter in 1864. The vignette is Cooperstown & Otsego Lake. The bank issued 20 types of National bank notes. The president was G. Pomeroy Keese. 1899 dated certificate has 3 red 2 cents and 1 brown 10 cents revenue stamps.
Cooperstown is a village in and county seat of Otsego County, New York, United States. Most of the village lies within the town of Otsego, but some of the eastern part is in the town of Middlefield. Located at the foot of Otsego Lake in the Central New York Region, Cooperstown is approximately 60 miles (97 kilometers) west of Albany, 67 mi (108 km) southeast of Syracuse and 145 mi (233 km) northwest of New York City. The population of the village was 1,852 as of the 2010 census.
Cooperstown is best known as the home of the National Baseball Hall of Fame and Museum. The Farmers' Museum, opened in 1944, on farmland that had once belonged to James Fenimore Cooper. The Fenimore Art Museum and Glimmerglass Opera are also based here. Most of the historic pre-1900s core of the village is included in the Cooperstown Historic District, which was listed on the National Register of Historic Places in 1980; its boundaries were increased in 1997 and more contributing properties were identified.
Before European colonization, Iroquois Indians inhabited the area around the village and Otsego Lake. The name Otsego is from a Mohawk or Oneida word meaning "place of the rock", referring to the large boulder near the lake's outlet, today known as "Council Rock". It is a large boulder whose top is above the water's surface and can be seen from shore. It is believed to have been a meeting place for Native Americans prior to the American Revolutionary War. A small parcel of land near Council Rock was presented to the Village of Cooperstown in 1957, on the condition that it remain open to the public as a park. Read more at https://en.wikipedia.org/wiki/Cooperstown,_New_York
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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