Westcott Chuck Co. of Oneida, N.Y. - Stock Certificate
Inv# GS2077 Stock
Stock printed by Corlies, Macy & Co., NY. Rare!
Oneida (/oʊˈnaɪdə/) is a city in Madison County located west of Oneida Castle (in Oneida County) and east of Wampsville, New York, United States. The population was 11,390 at the 2010 census. The city, like both Oneida County and the nearby silver and china maker, was named for the Oneida tribe, which had a large territory here around Oneida Lake during the colonial period.
This area was part of the territory of the Oneida tribe during the colonial era. The Oneida were one of the original Five Nations of the Iroquois League and many Oneida were allies of the Americans during the Revolutionary War, even though the Onondaga, Cayuga, Seneca and Mohawk tribes led by Mohawk Chief Joseph Brant, who fought for the British out of Niagara, decimated several isolated American settlements. Returning to their homes after the Revolution, the Oneida men who served and supported the American effort were compensated by the U.S. government for their losses and took in remnants of the Mohegan nation.
The federally recognized Oneida Nation owns land in this vicinity, where some members live. It operates the Turning Stone Casino and Resort in Verona, New York. It is one of four recognized tribes of Oneida people, the only one in the state.
In the post-Revolutionary period, central and western New York were settled by many migrants from New England. With development of the Erie Canal in the early 19th century, the movement of people expanded towards the Midwest as trade and commerce increased. Oneida's development began to pick up as new trade routes were opened, especially in the period initially following construction of the Oneida Lake canal and feeder and an associated railroad stop, tying it into major trade networks of the day.
The Village of Oneida was incorporated on June 20, 1848 as part of the larger Town of Lenox to its west, but years of friction among the different sections of town spurred this village to establish itself independently as the new Town of Oneida in 1896. In turn, this town was later chartered as the City of Oneida on March 28, 1901. Because of its history, the center part of the city has a compact design and is a pedestrian friendly community today.
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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