Union Des Tramways - 1895 dated Stock Certificate
Inv# FS2172 Stock
Stock with some staining. Georges Schwob d'Héricourt (21 January 1864 – 30 August 1942) was a French businessman who was involved in a wide range of enterprises in France and her colonies. He was also responsible for exhibits of the French colonies in various international expositions.
Georges Schwob d'Héricourt started his career in small mining businesses. Charbonnages de Nikitowka was absorbed in 1905 by Société des sels gemmes et houillères de la Russie méridionale. Étains de Portugal was absorbed in 1907 by Société des Étains et wolfram de Portugal. He was also involved in tramway companies and in the Société d’électricité et d’automobile Mors. The automobile business of this company was taken over in 1907 by André Citroën, and Schwob became involved in the Citroen businesses. By 1908 he was president of several mutual aid societies and treasurer of the Union des tramways de France. He was one of the heads of the Maison Gradis, which handled two thirds of the imports from Martinique, and sat on the board of several industrial companies. Read more at https://en.wikipedia.org/wiki/Georges_Schwob_d%27H%C3%A9ricourt
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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