Zenith Furnace Co. - 1902 dated Minnesota Stock Certificate - Indian Vignette
Inv# ID1013 Stock
Stock printed by Goes. Duluth, Minnesota. Certficate #4 for 5,000 shares! Scarce State! Duluth is a port city in the U.S. state of Minnesota and the county seat of St. Louis County. Located on Lake Superior in Minnesota's Arrowhead Region, the city is a hub for cargo shipping. Commodities shipped from the Port of Duluth include coal, iron ore, grain, limestone, cement, salt, wood pulp, steel coil, and wind turbine components. Duluth is south of the Iron Range and the Boundary Waters Canoe Area Wilderness. Duluth is named after Daniel Greysolon, Sieur du Lhut, the area's first known European explorer. The population was 86,697 at the 2020 census, making it Minnesota's fifth-largest city. Duluth forms a metropolitan area with neighboring Superior, Wisconsin. The two cities are commonly called the Twin Ports. Read more at https://en.wikipedia.org/wiki/Duluth,_Minnesota
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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