This is an old stock certificate from the Denver Telephone Company, issued to W. F. Brown for 1 share on Oct. 26, 1905 and signed by President Philip Hawley and Asst. Secretary B. F. James (those names are as near as I can tell, may not be 100% accurate).

You will receive the exact certificate shown, #23.  Condition is good with some wear, canceled and reattached to stub - see scans.