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New York and Northern Railway Co. Issued to Chas. W. Cass - 1893 dated Stock Certificate

Inv# AG1895   Stock
State(s): New York
Years: 1893

Stock issued to Chas. Cass (possibly Lewis Cass decendent?). Printed by Franklin Bank Note Co., New York.

Lewis Cass (1782-1866) Cass was born in Exeter, New Hampshire, where he attended Phillips Exeter Academy. On May 26, 1806, he married the former Elizabeth Spencer. During the War of 1812, Cass served as a brigadier general and participated in the Battle of the Thames. As a reward for his service, he was appointed Governor of the Michigan Territory by President James Madison on October 29, 1813, and served until 1831. He was frequently absent, and several territorial secretaries often served as acting governor in his place. In 1817 he was one of two commissioners who negotiated the Treaty of Fort Meigs which was signed September 29, 1817 with several Native American tribes. In 1820, he led an expedition to the northern part of the territory, in the northern Great Lakes region in present-day northern Minnesota, in order to map the region and discover the source of the Mississippi River. The expedition erroneously identified Cass Lake as the source of the river. The source of the river was correctly identified in 1832 by Henry Schoolcraft, Cass's expedition geologist, as nearby Lake Itasca. On August 1, 1831, Cass resigned as governor of the Michigan Territory to take the post of Secretary of War under President Andrew Jackson, a position he would hold until 1836. Cass was a central figure in formulating and implementing the Indian removal policy of the Jackson administration. Next, Cass was appointed ambassador to France, which he remained until 1842. Cass represented Michigan in the U. S. Senate from 1845 to 1848. He served as chairman of the Committee on Military Affairs in the 30th Congress. In 1848 he resigned from the Senate to run for President. Cass was a leading supporter of the Doctrine of Popular Sovereignty, which held that the people who lived in a territory should decide whether or not to permit slavery there. His nomination caused a split in the Democratic party, leading many antislavery Democrats to join the Free Soil Party. He also supported the annexation of Texas. After losing the election to Zachary Taylor, he returned to the Senate, serving from 1849 to 1857. He was the first non-incumbent Democratic presidential candidate to lose election. From 1857 to 1860, Cass served as Secretary of State under President James Buchanan. He was sympathetic to American filibusterers and was instrumental in having Commodore Hiram Paulding removed from command for his landing of marines in Nicaragua and compelling the removal of William Walker to the United States. Cass resigned on December 13, 1860, because of Buchanan's failure to protect federal interests in the South and failure to mobilize the federal military, actions that might have averted the threatened secession of Southern states.

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Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $77.00