Technamation, Inc. - 1969-1971 dated Stock Certificate
Inv# GS6496 StockStock printed by Security-Columbian Banknote Company. Available in Brown or Blue. Please specify color. From New York Times Article October 10, 1970:
Technamation, Inc., which makes training aids and animated displays, said yesterday that it expected to terminate its operation activities because of a marked decrease in sales, together with an operation loss that had exhausted the com named working capital.
The company said all assets were covered by a security agreement running to the bene fit of secured creditors, the largest of which was the Small Business Investing Company. New York, Inc. A spokesman said that no bankruptcy petition was contemplated. A board meeting is scheduled for Monday.
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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