American Express Stock signed by James Congdell Fargo & William Henry Seward, Jr. - 1898 dated Autograph Stock CertificateInv# AG1002 Stock
Signed by James C. Fargo as President, engraved by American Bank Note with the great 'Safety and Dispatch' vignette of the company's dog mascot. Also signed by William H. Seward Jr. Includes portrait of 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
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 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. In 1855, Fargo was appointed agent of Chicago, Illinois, for the American Express Company, the successor to Wells, Fargo & Co. He was then promoted to General Superintendent of the Northwest Division for the company. He left for New York City, New York in 1867 to assume the position of General Manager of the American Express Company. He became the third president of American Express after William's death in 1881, with former U.S. Representative Theodore M. Pomeroy remaining vice-president. James was also a co-founder, along with William Fargo, of American Express. He was succeeded as president in 1914 by George Chadbourne Taylor. Read more at https://en.wikipedia.org/wiki/J._C._Fargo
William Henry Seward Jr. (June 18, 1839 – April 29, 1920) was an American banker and brigadier general in the Union Army during the American Civil War. He was the youngest son of William H. Seward, the United States Secretary of State under Abraham Lincoln and Andrew Johnson. Educated at home, Seward became interested in finance and later started a partnership with Clinton McDougall, was private secretary to his father, then a U.S. Senator from New York, in 1860, and opened a private bank in Auburn in 1861. He left banking on August 22, 1862, to join the Union Army in the U.S. Civil War. Seward resigned his commission on June 1, 1865. After the war, Seward returned to banking and lived with his wife in the family homestead in Auburn, New York. In addition to his banking career, he engaged in politics, charitable work, and patriotic and historic societies and he became a director of several corporations. In 1875, he was one of the incorporators of the Auburn City Hospital. In 1886, he was elected as a companion of the New York Commandery of the Military Order of the Loyal Legion of the United States and was assigned insignia number 4696. Read more at https://en.wikipedia.org/wiki/William_H._Seward_Jr.
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.