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Wilmington & Northern Railroad - Signed By Henry A. Dupont

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:90.00 USD Estimated At:150.00 - 160.00 USD
Wilmington & Northern Railroad - Signed By Henry A. Dupont
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1897, Delaware. Stock certificate for 30 shares of the Wilmigton and Northern Railroad. Vignette of shipyard at center, state seals at left and right. Signed as president by HENRY ALGERNON duPONT (1838-1926). Henry graduated from West Point at the head of his class and was awarded the Congressional Medal of Honor for his distinguished service and gallantry at Cedar Creek during the Civil War. In 1875, he was persuaded by his father to leave the military in favor of management at the family&#39s powder firm. Here he was placed in charge of negotiations with officials of other firms and arranging the transportation of products by rail. From this connection, Henry was elected President of the Wilmington and Northern Railroad in May of 1879, thus signing this certificate. In 1902 he declined the Presidency of DuPont, instead choosing retirement to his personal affairs. Line cancellations affect duPont&#39s signature, but still very readable. Cut cancellation over company seal causing small hole. Fine.