1979

Salem,OR - Marion County - March 27, 1865 - People's Transportation Company Stock :

Currency:USD Category:Collectibles / Western Americana Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Salem,OR - Marion County - March 27, 1865 - People's Transportation Company Stock :
Cert. #86. Issued to Lester Hulen in 1865 at Salem, Oregon for 2 shares. Signed by Tm. Y. Patton as Secretary. 11 x 6 ½”. Steam powered train vignette at the left and paddlewheeler vignette at the top. Blue border with red and blue printing. Printer: Oregon Farmer Print, Portland. Uncancelled. Applied Revenue stamp at right. The company became a stiff competitor to the Oregon Steam Navigation Company. In 1864, Oregon Steam paid People’s $10,000 per year to restrict their operations to the Willamette River only (Timmen, Franz: Blow for the Landing, A Hundred Years of Steam Navigation on the Waters of the West, 1973). Some extra folds. Near fine.