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Two 1860s Forbes Iron Company Stock Certificates

Currency:USD Category:Coins & Paper Money / Stock & Bond - Mining Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Two 1860s Forbes Iron Company Stock Certificates
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1) Number 44 for 150 shares to William Barnum of Salisbury in 1863. Signed by president Forbes L Adams and Secretary Ensign Church. Two five cent frown revenue stamps. The charcoal furnace was built in 1832, rebuilt in 1853. 2) Number 54 for 11 shares to James Barnum. One large 25c revenue stamp. The Barnums were principals in the Beckley Furnace at East Canaan. They produced railroad wheels. Senator Barnum was politically a Democrat, and in business terms a robber baron. He was disposed - both for his own economic interests and politically - to favor high tariffs on imports, especially imported pig iron and railroad car wheels, and for the most part high tariffs were in effect during this period. Date: 1863, 1865 Location: East Canaan, Connecticut HWAC # 54572