Description

    Zanesville, OH- The Zanesville Canal and Manufacturing Company 12 1/2¢ Sep. 30, 1816 Wolka 2955-02
    The company was chartered by the state in 1812 to construct a dam and short canal on the Muskingum River in Zanesville. The dam was completed in 1815, the same year that the company's founder, John McIntire, passed away. The canal was finally completed in 1818. The company also conducted a banking business which was not as successful, with the bank closing during the course of 1820-21. Surprisingly the company lives on today thanks to the philanthropy of Mr. McIntire. The John McIntire Educational Fund has tens of millions of dollars in assets and still provides scholarships for the children of Zanesville. Unknown when Wolka's Ohio catalog was published in 2004, two examples of the 12 1/2¢ denomination have since surfaced. PCGS grades this note Very Fine 20. This is the first note we have offered from this issuer.


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    Auction Dates
    Sep-Oct, 2013
    25th-1st Wednesday-Tuesday
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