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The California Improvement Co Of Illinois Issued To And Signed On Verso By William Andrew Clark

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:300.00 USD Estimated At:475.00 - 600.00 USD
The California Improvement Co Of Illinois Issued To And Signed On Verso By William Andrew Clark
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1903, Illinois. Stock certificate in The California Improvement Co. of Illinois for 7226 issued to and signed on verso by WILLIAM A. CLARK (1839-1925). Clark, a Montana Senator and a mining capitalist, formed the Colorado and Montana Smelting Company and is best known for his long-time feud with Marcus Daly. Black with gold embossed company seal. Vignette of a train at top center. Cut, punch and stamp cancellations do not affect Clark’s signature. Staining at left edge. The California Improvement Company was incorporated in Belleville, Illinois on July 11, 1890 with $1,500,000 capital . The company was formed for the purpose of buying the Los Angeles, Pasadena and Glendale Railroad, a short line that ran the eighteen miles from Los Angeles. The intention of the California Improvement Co. appears to have been the construction of a rail line that ran from Los Angeles to Salt Lake City. In the early 20th century when all company holdings were transferred, along with all holdings of William Clark’s Los Angeles Terminal Railroad, to the San Pedro, Los Angeles and Salt Lake Railroad, which operated between its namesake cities via Las Vegas.