Description

    Oakes Ames - Cedar Rapids and Missouri River Rail Road Company (Iowa)
    A 1868 dated certificate in purple for 240 shares. Lithographed with multiple vignettes depicting steam locomotives and a portrait of John Blair. Attached revenue stamp. Issued to and signed on the verso by Oakes Ames. Ames was intimately involved with his brother Oliver in the Credit Mobilier scandal, which reached as high as the Vice Presidency of the United States. Numerous politicians received gifts of stock from the promoters of the Credit Mobilier and Ames came under intense scrutiny from a Congressional investigating committee. The Credit Mobilier came to symbolize the more unscrupulous methods used to finance railroad building that became the normal practice during the period 1860-1880. This Very Fine example has pen and punch cancellations not affecting Ames' fresh, clear signature.


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    Auction Dates
    May, 2003
    1st-3rd Thursday-Saturday
    Bids + Registered Phone Bidders: 1
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