396

Merchants Despatch Transportation Co. Signed As President By James C. Fargo

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:325.00 USD Estimated At:575.00 - 700.00 USD
Merchants Despatch Transportation Co. Signed As President By James C. Fargo
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
1873, New York. Stock certificate for 50 shares. Red/Black. Vignette of a large building, presumably the company’s headquarters. Litho. Signed as president by JAMES C. FARGO (1829 - 1915); Expressman. Working along with his older brother, William, co-founder of the American Express Co., James became a prominent figure in the railroad and express industries. He became president of American Express in 1881 upon his brother's retirement from that position. The Merchants Despatch Transportation Company was formed in 1857 to operate a fast freight system over what became the New York Central lines. It was immediately successful and proved profitable to its co-owners, the American Express Company and the New York Central Railroad. An important companion to an American Express Company stock. Pen cancelled at signature. Fine.