Yellowstone Park Hotel Co. - Unissued Stock Certificate - PMG 65 EPQ Gem Uncirculated
Inv# ET1069A Stock![Yellowstone Park Hotel Co. - Unissued Stock Certificate - PMG 65 EPQ Gem Uncirculated](https://www.glabarre.com/item_images/yspark hotel PMGa.jpg)
PMG Graded Unissued Stock, 65 EPQ Gem Uncirculated.
Since the establishment of Yellowstone National Park there have been concession interests in the park. As early as 1871, a private "hotel" was operated in the park, and a boat concession was operated 1874-1876. While the different administrations have been responsible for the management of the park, individual concessionaires have been responsible for providing the visitor a diversity of resource related to their visit.
These have included transportation through the park, lodging and camping opportunities, and a host of other such services. In the initial years following the establishment of the park concessionaires began establishing facilities and services however it was under the military administration that these services became formalized in agreement with the Department of Interior. Among those associated with Yellowstone National Park was the Yellowstone Park Company.
The Yellowstone Park Company roots date back to the 1880's and it association with the Northern Pacific Railroad. Though the organization of this concession has resulted in a number of associated company names (such as Yellowstone Park Transportation Company, Yellowstone Park Camping company, Yellowstone Park Hotel Company, Yellowstone Park Lodge and Camps Company) they fall under the umbrella of the Yellowstone Park Company. Yellowstone Park Company continued to operate in Yellowstone National Park until the United States Government purchased all associated property of the company and their lease to operate was terminated in 1980.
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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