Victory Divide Mining Co. - 1920 dated Nevada Mining Stock Certificate
Inv# MS1292 Stock
Utah
Stock printed by Goes. VICTORY DIVIDE MINING CO. NEVADA Office: Goldfield, Nev. Officers: A. I. D'Arcy, pres.; H. E. Clark, v. p.; Andrew Walz, 2nd v. p ; H. B. Ruhl, sec.-treas.; with C. A. Heller, directors; B. E. Garnett, asst. sec. treas.; S. M. Wilson, supt. Inc. Jan. 11, 1919, in Nevada. Cap., 2,000,000 shares; lOc par; 1,885.000 issued. Listed on San Francisco Stock Exchange. New York Trust Co., registrar. Revenue in 1919 was $89,562, mostly from sale of shares; expenses were $44,464; cash on hand at end of year was $45,098. Property: 3 claims and 3 fractions adjoining the Divide Consolidated, .Verdi, Brougher, and Belcher. Development: 2-compartment shaft was 220' d-ep in January, 1920, and a crosscut at 200' showed ore that assayed $5 to $24 per ton. (From Mining Handbook 1921).
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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