NOT SOLD (BIDDING OVER)
0.00USD+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2002 Sep 14 @ 07:00UTC-8 : PST/AKDT
<b>547. CORNELIUS VANDERBILT</b>
<hr align=left size=5 width=33% color=#778899>(1794-1877). American industrialist who amassed a fortune through his railroad and shipping interests. Late in life he became an important philanthropist, among other interests endowing Vanderbilt University. Superb early manuscript DS “<i>C VanDerbilt</i>,” 3pp, legal folio, Aug 1, 1822. Approval of balance sheet for the month of July “<i>in account with the Steamboat Bellona</i>” listing expenditures and receipts, including regular and stage passengers. Boldly signed with paraph beneath signature of <b><font size=-1>William Gibbons</font></b>. Minor toning; else Fine. Vanderbilt did not own his own steamboat until 1829. In 1817 he sold his sailing vessels and went to work as captain for <b>Thomas Gibbons</b> who owned a small ferry. Once he learned how to operate the steamboat, he persuaded Gibbons to build a steamboat that he himself designed—the <i>Bellona</i>. Vanderbilt began ferrying passengers from New Jersey to Manhattan in violation of the legal Fulton-Livingston monopoly. He charged $1—which was below cost—rather than the monopoly price of $4, but made up his losses by raising the price of food and drink in the steamboat’s bar. In an 1824 lawsuit, <i>Gibbons vs. Ogden</i>, in which Daniel Webster was Gibbons’ attorney, the monopoly of steamboats was declared illegal and opened the way for competition and new technology of which both Gibbon and Vanderbilt took full advantage.
<table border=1 cellpadding=4 cellspacing=0 width=100%><tr><td width=50%><center><font size=+1 color=red><b>Register Early !!!</font>
<b>Signature House cannot guarantee that registrations received after
10PM EST, Friday, 09/013/02,
will be processed.</b></center></td><td><table border=0 cellpadding=4 cellspacing=0 width=100%><tr><td colspan=2><center><b>Approximate Selling Schedule (EST)</b></center></td></tr><tr><td width=200><font size=-2>10:00-11:00...Lots 001-100
11:00-12:00...Lots 101-200
12:00-01:00...Lots 201-300
01:00-01:30...Lots 301-359
01:30-02:00...Break</font></td><td width=200><font size=-2>02:00-03:00...Lots 360-459
03:00-04:00...Lots 460-559
04:00-05:00...Lots 560-659
05:00-06:00...Lots 660-759
06:00-Fini...Lots 760-840</font></td></tr></table><tr><td colspan=2><center><font size=+1><b>After the Sale</b></font></center>We will email you an invoice by 5pm EST, Wednesday, 09/18/02, using the information you gave on your registration form. Please <u>do not</u> try to contact us before then.</td></tr></table>
Auction Location:
United States
Previewing Details:
By Appointment ONLY: 9AM-5PM EST September 6-13, 2002
Additional Fees:
Shipping Details:
Will ship worldwide. See item description.
Payment Details:
Payment Methods:
We DO NOT accept: Pay Pal or eBay Payments
US Bidders: PREFFERED - business checks, cashier
checks, personal checks, or money orders.
Credit cards may used via the Western Union
BidPay Service at http://www.bidpay.com/.
Non-US Bidders: PREFFERED - Credit Card -
AmEx, VISA, MasterCard, Discover
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1. Auction Catalogue No. 20 is a Mail, Fax, Phone,
Email and Internet Live Bid Auction and is
conducted under the laws of the State of West
Virginia by Gil Griggs, Licensee of Baltimore
County Auctioneer's License #44 and Charleston,
W. V. License No. 002.
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2. Absentee bid closing date is September 13th, 2002,
10:00 PM EST.
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3. There is a 17.5% Buyer’s Premium charged on the
final hammer price of each lot.
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4. The Auctioneer reserves the right to reject any
bid for any reason.
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5. The Auctioneer reserves the right to withdraw any
lot for any reason.
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6. In the event of duplicate high bids, the earliest
bid received will be the winner.
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7. Some lots may carry a reserve beneath which the
item will not be sold.
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8. Detailed descriptions of lots and photocopies are
available upon request.
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9. Illustrations of lots in this catalogue may have
had size modifications or may have been trimmed to
exclude framing, matting and wide blank margins
for display purposes.
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10. Estimated selling prices are for your guidance
only. Actual selling prices may be higher or lower
than the estimate indicated.
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11. All bidding is done in a competitive manner. The
winning bid will always be one bidding increment
over the second highest bid. The minimum
acceptable bid for any lot is 50% of the low
estimate given in the item description or $25,
whichever is higher.
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12. Payment is expected immediately upon receipt of
invoice. All accounts are payable to Signature
House. Payment must be made in U.S. funds. Wire
transfer details are available upon request.
West Virginia residents will pay a sales tax of
6% unless a resale number is filed with us prior
to the closing date. For sales outside of the USA
a credit card is requested.
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13. Shipment is made via U.S. Postal Service or
Airborne unless otherwise instructed. Handling,
shipping and insurance charges are added to the
invoice. Oversize and foreign shipments are subject
to increased charges. All items are shipped
immediately upon receipt of payment.
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14. Golden Guarantee: All material is returnable within
seven days providing that it comes back in the same
condition. There is a lifetime guarantee on
authenticity to the original purchaser. The item(s)
must be returned with two letters denying it’s
authenticity by expert authenticators acceptable
to both parties.
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15. The placing of a bid shall constitute acceptance of
the preceding terms and conditions of sale.
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16. NO AUCTION RESULTS UNTIL SEPTEMBER 17, 2002.