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1863 dated New-York Central Railroad Co. Document signed by Thomas Durant - Autograph

Inv# AU1767   Autograph
State(s): New York
Years: 1863

Appointment of the New York Central Rail Road Company signed by Thomas Durant with 2 cents revenue stamp! Thomas Clark Durant (February 6, 1820 – October 5, 1885) was an American physician, businessman, and financier. He was vice-president of the Union Pacific Railroad (UP) in 1869 when it met with the Central Pacific railroad at Promontory Summit in Utah Territory. He created the financial structure that led to the Crédit Mobilier scandal. He was interested in hotels in the Adirondacks and once owned the yacht Idler.

He successfully built railroads in the Midwest, and, after an 1862 act of Congress created the Union Pacific Railroad, John A. Dix was elected president and Durant vice president of the company. Durant assumed the burden of management and money raising—and, with much money at his disposal, he helped secure the 1864 passage of a bill that increased the railroad's land grants and privileges. He organized, and at first controlled, the Crédit Mobilier of America, but in 1867 he lost control of the company to brothers Oliver and Oakes Ames. Durant continued on the directorate of the Union Pacific, however, and furiously pushed construction of the railroad until it met the Central Pacific RR on May 10, 1869. The Ames group then procured his discharge. Read more at https://en.wikipedia.org/wiki/Thomas_C._Durant

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Condition: Excellent
Item ordered may not be exact piece shown. All original and authentic.
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