Description: United States Lines Co. Stock Certificate // 100 Shares // Orange // 1940s-50sThis (1) stock certificate is from the United States Lines Company. Colors will vary, determined by our stock on hand. Certificate Highlights: Stock Certificate from the United States Lines Company. Printed by American Bank Note Company. After the failure of the United States Steamship Company, following World War I, the U.S. Shipping Board assumed the U.S. Mail Steamship Co operations, the ships were run under United States Lines which was formed in August 1921. Canceled. Dimensions are about 8"x12". Stock and Bond Certificates ExplainedA stock certificate is a physical piece of paper representing ownership in a company. Stock certificates include information such as the shareholder name, number of shares owned, date issued, an identification number, and usually a corporate seal and signatures. Unlike a stock, a bond is a fixed income instrument that represents a loan made by an investor to a borrower, typically a government or corporation, to finance projects and operations. A bond certificate includes the loan terms, bond holder, principal due date, schedule of interest payments, and usually a corporate seal and signatures. Many vintage bond certificates also include attached interest payment coupons, which needed to be physically cut off the bond and redeemed for each interest payment.Certificates are Historic Works of ArtThroughout history, companies competed to produce the most impressive stock and bond certificates, with brilliant colors, intricate designs, and beautiful vignettes. However, with the rise of the internet and online brokerage firms in the 1990s, the need for physical certificates disappeared. One by one, companies quietly discontinued issuance of their paper stocks and bonds. A newsworthy example was Walt Disney's decision in 2013 to phase out their colorful stock certificates featuring renditions of their beloved animated characters. The eventual demise of the stock certificate ends a tradition that extends back at least 400 years, when the Dutch East Indies Company became the first company to issue certificates. Today, the beautiful stock and bond certificates that remain are enduring relics from a bygone era in American financial history.
Price: 26 USD
Location: Irving, Texas
End Time: 2024-03-14T13:12:08.000Z
Shipping Cost: N/A USD
Product Images
Item Specifics
All returns accepted: ReturnsNotAccepted
Brand: United States Lines Co.
Circulated/Uncirculated: Circulated
Type: Stock
Country/Region of Manufacture: United States
