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Certificate for a share in Kennet and Avon Canal Navigation, Great Britain, 1808. In corporate law, a stock certificate (also known as certificate of stock or share certificate) is a legal document that certifies the legal interest (a bundle of several legal rights) of ownership of a specific number of shares (or, under Article 8 of the Uniform Commercial Code in the United States, a ...
Scripophily is the study and collection of stock and bond certificates. [a] A specialized field of numismatics, scripophily has developed as an area of collecting because of the inherent beauty of certain historical certificates, and because of interest in the historical context of many of the documents.
Share certificates or stock certificates specify the number of shares owned and serve as proof of ownership. In that sense, it works similarly to a title for a home or vehicle. Certain information ...
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The origins of the CUSIP system go back to 1964, when the financial markets were dealing with what was known as the securities settlement paper crunch on Wall Street. [5] [6] [7] At that time, increased trading volumes of equity securities, which were settled by the exchange of paper stock certificates, caused a backlog in clearing and settlement activities.
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The United States Supreme Court declared in United States v. E. C. Knight Company (1895) that its purchase of the stock of competitors was not a combination in restraint of trade. [8] By 1901, the company had $90 million in capital. [5] The company became known as Domino Sugar in 1900. [citation needed]
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