Times Mirror Company - 1970's dated Stock Certificate
Inv# PP1009 Stock
Stock printed by Jeffries Bank Note Co. Scarce! The Times Mirror Company was an American newspaper and print media publisher from 1884 until 2000.
It had its roots in the Mirror Printing and Binding House, a commercial printing company founded in 1873, and the Los Angeles Times, originally the Los Angeles Daily Times, which was first published in 1881 and printed by the company. The two operations were purchased and combined in 1884 to form the Times Mirror Company.
In 1960, Times Mirror acquired the New American Library (NAL) and later sold it in 1983 to Odyssey Partners, a private investing group, and Ira J. Hechler, a private investor. Times Mirror acquired the World Publishing Company in 1962. By this time, World Publishing was producing 12 million books a year, one of only three American publishers to produce that much volume. In 1974, Times Mirror sold World Publishing to the U.K.-based Collins Publishers.
In 1967, the Times Mirror entered magazine publishing by acquiring Popular Science, Outdoor Life, Golf Magazine, and Ski Magazine. Times Mirror owned the Sporting News from 1977 until 2000, when it was sold to Paul Allen's Vulcan Inc. In 1987, Times Mirror acquired Field & Stream, Yachting, Home Mechanix, and Skiing. Read more at https://en.wikipedia.org/wiki/Times_Mirror_Company
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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