A certificate of a corporation or joint- stock company that the person named is the owner of a designated number of shares of its stock; given when the subscription is fully paid and the “scrip-certificate” taken up. Gibbons v. Mahon, 130 U. S. 549. 10 Sup. Ct. 1057, 34 L. Ed. 525; Merritt v. Barge Co., 79 Fed. 235, 24 C. C. A. 530.