Washington Post Co. - 1880's circa Unissued Stock Certificate - Extremely Rare
Inv# GS6617 Stock
Unissued Stock with vignette of Washington and the Post Building. The Washington Post, also known as the Post and, informally, WaPo, is an American daily newspaper published in Washington, D.C. It is the most widely circulated newspaper in the Washington metropolitan area and has a large national audience. The Post was founded in 1877. In its early years, it went through several owners and struggled both financially and editorially. Financier Eugene Meyer purchased it out of bankruptcy in 1933 and revived its health and reputation, work continued by his successors Katharine and Phil Graham (Meyer's daughter and son-in-law), who bought out several rival publications. The Post's 1971 printing of the Pentagon Papers helped spur opposition to the Vietnam War. Reporters Bob Woodward and Carl Bernstein led the investigation into the break-in at the Democratic National Headquarters that developed into the Watergate scandal, which resulted in the 1974 resignation of President Richard Nixon. In October 2013, the Graham family sold the newspaper to Nash Holdings, a holding company owned by Jeff Bezos, for $250 million. Read more at https://en.wikipedia.org/wiki/The_Washington_Post
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.
Ebay ID: labarre_galleries