Ticonic National Bank of Waterville - 1865 dated Maine Banking Stock Certificate
Inv# BS1307 Stock
Stock printed by Thomas Groom & Co., Boston. Civil War dated! Waterville developed as an educational center. In 1813, the Maine Literary and Theological Institution was established. It would be renamed Waterville College in 1821, then Colby College in 1867. Thomas College was established in 1894. The Latin School was founded in 1820 to prepare students to attend Colby and other colleges, and was subsequently named Waterville Academy, Waterville Classical Institute, and Coburn Classical Institute; the Institute merged with the Oak Grove School in Vassalboro in 1970, and remained open until 1989. The first public high school was built in 1877, while the current Waterville Senior High School was built in 1961. Read more at https://en.wikipedia.org/wiki/Waterville,_Maine
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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