A stock certificate provides evidence of the ownership of shares issued by a corporation. The stock certificate is not the stock itself, but merely tangible evidence of ownership of the shares. The corporate bylaws may specify whether the corporation is actually required to issue stock certificates. As a practical matter, most corporations are required to issue certificates upon demand by a stockholder, and most issue certificates as a general rule. This program will be useful to print stock certificates, either those issued initially by the corporation to its original stockholders, or to new owners who have purchased their shares from a prior stockholder. It is intended to be used by a corporation which is formed, owned, and operated by a small number of stockholders, and which will not in any manner solicit outside investors to buy its shares of stock. |