Description

    James C. Fargo - Merchants Despatch Transportation Company (New York) A lithographed certificate for 143 shares. Black/white. Issued to and signed as President on the verso by James C. Fargo. Working with his older brother, William, James became a prominent figure in the railroad and express industries, becoming President of American Express in 1881 on his brother's retirement from that position. The Merchants Despatch Transportation Company was formed in 1857 to operate a fast freight system over what became the New York Central lines. It was immediately successful and proved profitable to its principal co-owners, the American Express Company and the New York Central Railroad. Pen cancelled at the signature. Very Fine.

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    Auction Dates
    May, 2003
    1st-3rd Thursday-Saturday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
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