|Title||Stock certificate: Jefferson Trust Co. of Hoboken, issued to Louis Hirsch, 10 shares capital stock, July 10, 1929.|
|Object Name||Certificate, Stock|
|Collection||Hoboken Commerce Collection|
|Credit||Gift of Jerry Ficchi.|
Stock certificate of the Jefferson Trust Company of Hoboken New Jersey, issued to Louis Hirsch for ten shares of capital stock, $100 each, July 10, 1929. 8-5/16" high x 11-13/16" wide. Certificate no. 951. Penciled at the left: Paid $3000 - July 1929. Signed by Charles H. Focht, President; treasurer's signature to the left is not legible. Blind corporate seal on medallion at bottom center.
Since Hirsch apparently paid $3000 for 10 shares at a par value of $100 per share, the bank received a premium for the shares sold. The certificate also noted the capital stock was $800,000.
The engraved vignette of the bank building at First St. and Willow Avenue (313-315 First Street) is of a building that still stands with some changes. Bank was founded in 1905 and failed in the Great Depression.
|Year Range from||1929|
|Year Range to||1929|
Focht, Charles H.
Jefferson Trust Co.
313 First St.
315 First St.
Business & Commerce
Banking & Financial Structures