Sherman State Bank - 1929 dated Illinois Banking Stock Certificate
Inv# BS1380 StockStock printed by American Bank Note Company. Sherman is a village located in Sangamon County, Illinois, within the United States. According to the 2020 census, its population stood at 4,673. The village is included in the Springfield, Illinois Metropolitan Statistical Area. On March 31st, it experienced a significant EF-2 tornado during a severe weather outbreak.
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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