Wagner Palace Car Co. - 1892 dated Railroad Car Manufacturer Company Stock Certificate

Stock. Webster Wagner (October 2, 1817 – January 13, 1882) was an American inventor, manufacturer and politician from New York. Wagner was born near Palatine Bridge, New York. He developed a wagon-making business with his brother James. The business had folded by 1842, largely due to the Panic of 1837. After serving as an employee for the New York Central Railroad, Wagner invented the sleeping car and luxurious parlor car. He also perfected a system of ventilating railroad cars. His inventions were first used on the NY Central and later spread to other lines. He founded the Wagner Palace Car Company, located in Buffalo, New York. Several legal battles with the Pullman Company failed to put him and his partners out of business; at the time of his death the two companies were completing a merger. Read more at https://en.wikipedia.org/wiki/Webster_Wagner