United States Electric Power Corporation - 1930's dated Utility Stock Certificate
Inv# US1036A Stock
Stock printed by Goes. Incorporated March 28, 1929. Electric power refers to the rate at which electrical energy is conveyed through an electric circuit over a specified period. The standard unit of measurement for power is the watt, which is equivalent to one joule per second. Typically, electric power is generated by electric generators; however, it can also be sourced from electric batteries. The electric power industry distributes this energy to residential and commercial establishments, commonly known as domestic mains electricity, via an electric power grid. Furthermore, electric power can be transmitted over extensive distances using transmission lines and is utilized in various applications, including motion, lighting, and heating, with a high degree of efficiency.
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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