JOHN A. DIX - STOCK CERTIFICATE SIGNED 10/21/1856 CO-SIGNED BY: AZARIAH C. FLAGG

Description: HistoryForSaletm Autographs & Manuscripts Make an Offer Today and Get a Quick Response! Take a Look at this Week's Specials! MAJOR GENERAL JOHN A. DIX - STOCK CERTIFICATE SIGNED 10/21/1856 CO-SIGNED BY: AZARIAH C. FLAGG - HFSID 176087 TRANSCONTINENTAL RAILROAD: GENERAL JOHN ADAMS DIX and AZARIAH C. FLAGG Stock certificate for 40 shares in the Mississippi and Missouri Railroad, signed by John Dix, President James Buchanan's Secretary of the Treasury in 1861, and Azariah C. Flagg, New York State secretary of state and comptroller. The Mississippi and Missouri is important because its owner, Thomas C. Durant, used his ownership of this railroad to obtain ownership of the Union Pacific, one-half of the U. S.'s first transcontinental railroad. Stock certificate signed "A.C. Flagg" as Treasurer and "John A.Dix" as President. 2 pages, 10¼x7, 1 sheet, front and verso. Black and red ink notations in unknown hand. Dated Oct. 21, 1856, transferred Oct. 22, 1856. Certificate no. 331 for 40 shares of stock, worth $100 per share, in the Mississippi and Missouri Railroad, originally bought by D. J. Townsend. This certificate was cancelled on March 11, 1857. The Mississippi and Missouri Railroad is important because of its owner, Thomas C. Durant, one of the men responsible for the U. S.'s first transcontinental railroad. Durant founded the Mississippi and Missouri in 1853. The railroad was corporately linked to the Rock Island Railroad, which built the first railroad bridge across the Mississippi River in April of 1856. The Mississippi and Missouri was the first railroad in Iowa and was ostensibly chartered to build a railroad across Iowa from Davenport to Council Bluffs, and Durant stuffed its boardroom with respected citizens like DIX (1798-1879), who had been a U. S. Senator from New York (1845-1849) and would be President James Buchanan's Secretary of the Treasury in 1863, and FLAGG (1790-1873), who had been New York State secretary of state (1826-1832) and comptroller (1834-1839, 1842-1846). However, construction was slow under Durant's ownership, and the line ultimately terminated in Kellogg, Iowa, 40 miles east of Des Moines, Iowa in 1865, or only halfway across the state. Durant's main reasons for owning the Mississippi and Missouri were to obtain ownership of the Union Pacific Railroad... not to mention raking in obscene profits. Once he had ownership of the Union Pacific, Durant announced that the railroad would connect to the Mississippi and Missouri, the first in a series of stock manipulations that netted him and his friends millions. The Rock Island Railroad bought the Mississippi and Missouri in 1866 and completed the line to Council Bluffs in 1869. Lightly toned, soiled, creased and rippled. Normal cancellation punches, which touch signatures. Left edge is folded over and pasted down onto certificate. Pinholes in top corners. Light tear in right edge. Light nick in top edge. Show through from wax seal and notations on verso touches Flagg's signature, but not Dix's. discolored along right edge on verso under folded-over portion (no show-through). Folded in half vertically and thrice horizontally and unfolded. Otherwise in fine condition. See more material from these signers: MAJOR GENERAL JOHN A. DIX AZARIAH C. FLAGG See more listings in our MILITARY (2,395) category. Please note that this is an authentically signed item. We do not sell autograph copies or signature reprints Click main eBay images to see larger versions Images shown may contain our company watermark. The actual document does not contain this watermark Certificate of Authenticity This item has been authenticated and is accompanied by a Certificate of Authenticity issued by our parent company, Gallery of History, Inc. We financially stand behind our COA. Our commitment to authenticity and customer satisfaction are the reasons why we've been able to stay in business for so long (since 1981)! Ask us about our PSA/DNA and JSA authentication guarantee. Visit our eBay Store today to see over 35,000 Rare Autographs and Manuscripts! Our Third & Best Handbook - The One You Want On Historical Documents! Enhance your collecting experience. Add this definitive guide to historical documents to your autograph purchase. For the experienced and novice collector and for those who just love learning history this beautiful 253-page hardcover volume is for you! For more information visit our eBay Store and select the Autograph Handbook category or click here. 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Authenticity: This item has been authenticated and is accompanied by a Certificate of Authenticity issued by our parent company, Gallery of History, Inc. We financially stand behind our COA. Our commitment to authenticity and customer satisfaction are the reasons why we've been able to stay in business for so long (since 1981)! Ask us about our PSA/DNA and JSA authentication guarantee. Payment - Buyers will be sent payment instructions following their purchase. Customers are advised that they are responsible for payment of any international duties and/or taxes. Unless otherwise agreed to, complete payment is due within 24 hours of purchase. Return Policy: If any substantial defect not described in the item listing is found by the purchaser, the item(s) must be returned within 3 days of receipt. Item(s) may not be returned except for reasons of authenticity or substantial defect in description. 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Price: 1000 USD

Location: Las Vegas, Nevada

End Time: 2024-12-30T17:34:09.000Z

Shipping Cost: 14.85 USD