Chauncey M. Depew - Niagara Falls Branch Railroad - Stock CertificateInv# AG1136
1889 & 98
Chauncey M. Depew (1834-1928), Lawyer, Railway President. Member N.Y. Legislature, N.Y. Secretary of State, Appointed first U.S. Minister to Japan. Depew resigned to become attorney and legislative contact man for Commodore Cornelius Vanderbiltís Railroads. He was president of the New York Central 1885-98 and U.S. Senator N.Y. in 1899-1911. An accomplished raconteur, he was widely influential in his day. 1898 Stock signed at front as President. Quite hole cancelled but showing much of the signature. Comes with nice portrait of Depew. Excellent Condition. Extremely Rare!
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.