Utah and Salt Lake Canal Co. - 1891-97 Canal Stock Certificate
Inv# CN1004 Stock
Stock neatly stamp cancelled. Attractive farming scene at center. Excellent Condition. Scarce and popular state! The Utah and Salt Lake Canal is an historic waterway in Salt Lake County, Utah, United States. The canal was financed wholly by Salt Lake County, and construction lasted from 1872 to 1881. It was built "with only basic tools and contracted manual labor." The settlement that became present-day Riverton was limited to the Jordan River bottoms until this canal was constructed. Read more at https://en.wikipedia.org/wiki/Utah_and_Salt_Lake_Canal
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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