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Autographs/B: William Bingham Issues Stock To Philemon Dickinson

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:900.00 - 1,200.00 USD
Autographs/B: William Bingham Issues Stock To Philemon Dickinson
WILLIAM BINGHAM & (PHILEMON DICKINSON). Partly-printed Document Signed, "Wm Bingham" as president of the Philadelphia and Lancaster Turnpike Road Company, " vellum, March 16, 1795, Philadelphia, 7.5" x 9.25", Choice Extremely Fine. Stock Certificate No. 918 awards one share of stock to "Philomon Dickinson of State of New Jersey." This certificate, with a vignette of a horse-drawn wagon approaching a toll gate, is viewed as the earliest vignetted American stock known, and is one of a very few from the 18th century. The Philadelphia and Lancaster Turnpike Road Company was chartered in April 1792 to construct 62 miles of road at a cost of $465,000. the shares were not turned in, but were transferred on the back. Philemon Dickinson, to whom the stock was issued, was a signer of New Jersey colonial currency. During the Revolutionary War, he was a major general and commander-in-chief of the New Jersey militia. He served in the Continental Congress and in the U.S. Senate. An exceptional item, of financial and historic interest.