American Merchants Union Express Company signed by William G. Fargo - Stock CertificateInv# AG1070A
Stock signed by Wm. G. Fargo.
William G. Fargo (1818-1881), Expressman, First co-owner of Wells & Co., Secretary of American Express (1850), helped organize Wells, Fargo & Co. for express service to California (1852). By 1855 the company controlled Western express business, carrying gold dust, mail, packages, and passengers. Wells Fargo and associated express companies were united as the American Express Co. in 1873, with Fargo as president. He also served as Buffalo Mayor from 1862-66. This great stock has nice vignettes, an orange Lincoln imprinted revenue, and a nice uncancelled signature of William G. Fargo. Dated late 1860's and becoming scarce. Excellent Condition.
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.