NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2010 Aug 19 @ 11:00UTC-4 : AST/EDT
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1907, California. Stock certificate for five hundred shares issued to and signed on stub and verso by JOHN HOPKINS SPRING (1862-1933). American businessman who made a fortune in California real estate. . Blind embossed company seal. Revenue stamp affixed on verso. Pen cancellations do not affect Spring’s signatures. Shortly before the incorporation of the Key Route Transbay Ferry System, John H. Spring allied himself with Frank C. Havens, president of the Peoples’ Water Company, and Francis Marion“Borax” Smith, acting as their land agent in large purchases of suburban property at the time they were launching the Realty Syndicate. As real estate prices in Berkeley rose sharply following the 1906 San Francisco earthquake, Spring, who owned large amounts of land in Alameda County north of the Berkeley line, became very wealthy quite quickly, reaching a reputed net worth of $3 million. Aside from these lucrative ventures, Spring founded the Spring Construction Company, owned a quarry, and was a director of the Western National Bank of San Francisco and of the Berkeley National Bank. The Berkeley Waterfront Company, operating in the interests of the Santa Fe, bought up large portions of the Albany, Berkeley, and Emeryville shorelines in the 1890s. These lands remained largely undeveloped until the Golden Gate Turf Club built a racetrack on land leased from the Santa Fe in the late 1940s.
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