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New York and Putnam Railroad Co. Issued to and signed by H. Walter Webb on back and E.V.W. Rossiter on front - 1894 dated Autograph Stock Certificate

Inv# AG2998   Autograph
State(s): New York
Years: 1894

Stock issued to and signed by H Walter Webb on the back and by E.V.W. Rossiter on the front as treasurer. 10 cents revenue stamp on back! Clipped corner and margin.

Henry Walter Webb Sr. (May 6, 1852 – June 18, 1900) was an American railway executive with the New York Central Railroad under Cornelius Vanderbilt and Chauncey Depew. He was also Vice President of the Wagner Palace Car Co. After briefly practiced law, which he found unsatisfying, he soon thereafter became active in Wall Street banking and brokerage. He drifted into the railway business almost by accident through his brother, Dr. William Seward Webb, who married Eliza Vanderbilt, a daughter of William H. Vanderbilt, and became interested in the Wagner Palace Car Company which the Vanderbilts controlled. When Webster Wagner, the company's president was suddenly crushed between two of his own cars in 1882, Dr. Webb became president of the company and invited his brother to join it.

Webb was an advocate of fast railway travel and ran what was then the fastest railway train in the world, averaging nearly 60 miles per hour over 450 miles. In 1893 he made a bold and ultimately true prediction for the next hundred years: By 1993, a traveler will be able to have his breakfast in New York City and his evening meal in Chicago.

Webb lived in Scarborough, New York, was Show Chairman of the Westminster Kennel Club (1880–1882), subscriber to the Blackstone Memorial (1891), and helped dedicate a bronze statue of Christopher Columbus in Central Park (1894).

H. Walter Webb retired due to tuberculosis around 1897.

Edward Van Wyck Rossiter (1844-1910) President’s clerk for Hudson River Railroad; Treasurer’s office clerk for Hudson River Railroad 1860-67; cashier New York & Harlem Railroad 1867-77. Later treasurer of same company, June 1883 became treasurer and from November 1900 had been Vice President of New York Central and Hudson River Railroad, New York & Harlem Railroad as well as of almost all the lines affiliated with the New York Central Company, also Lincoln National Bank and Lincoln Safe Deposit Company.

 

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Condition: Good
Item ordered may not be exact piece shown. All original and authentic.
OUT OF STOCK