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American Express Co. signed by Henry Wells and James C. Fargo - 1860's dated Express Autograph Stock Certificate

Inv# AG1287   Stock
State(s): New York
Years: 1866
Color: Blue and Black

Stock signed by Henry Wells as president and Jas. C. Fargo as secretary. Some with 5 cents revenue stamp. Exceptionally Nice!

  

  

Henry Wells (December 12, 1805 – December 10, 1878) merged 3 older companies to form American Express and became its President from 1850-68. In 1852 he organized Wells, Fargo & Co. He retired in 1868. In the same year, he founded Wells Seminary, the present Wells College. He was an American businessman important in the history of both the American Express Company and Wells Fargo & Company. Wells worked as a freight agent before joining the express business. His companies, which were the predecessors of American Express and Wells Fargo, competed with the United States Post Office by carrying mail at less than the government rate. In higher education, Wells was the founder of Wells College in Aurora, New York. Read more at https://en.wikipedia.org/wiki/Henry_Wells

James Congdell Strong Fargo (May 5, 1829 – February 8, 1915) was a president of the American Express Company for 30 years, and the brother of American Express Company and Wells Fargo co-founder, William Fargo. In 1866, he became Superintendent and Manager of American Express and in 1881 became President. James Congdell Fargo was born May 5, 1829. Died February 8, 1915. Fargo was co-founder of the American Express Company along with William G. Fargo. James became president of the company after William’s death in 1881. He was president from 1881 to 1914. With the help of Marcellus Flemming Berry, the company created the American Express Traveler’s Cheque in 1891. He was a president of the American Express Company for 30 years, and the brother of American Express Company and Wells Fargo co-founder, William Fargo. In 1845, when he was fifteen, he moved to Buffalo, New York, to work for his brother William, who was running express lines between Buffalo, Detroit, Michigan, and Albany, New York. Originally a clerk, Fargo was eventually tasked with the delivery of money packages. In 1847, Fargo was granted control of operations in Detroit. Four years later, when the company was organized as Wells Fargo & Company, Fargo was named Superintendent of Virginia operations. Read more at https://en.wikipedia.org/wiki/J._C._Fargo

The American Express Company (Amex) is a multinational financial services corporation headquartered at 200 Vesey Street in the Financial District of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. Read more at https://en.wikipedia.org/wiki/American_Express

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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: $1,684.00