Delaware, Lackawanna and Western Railroad Co. Issued to and signed by Wm. B. Astor, Jr. - 1888 or 1891 dated Autographed Stocks and Bonds

Appointment Sheet for the Delaware, Lackawanna and Western Railroad Company issued to and signed by Wm. Astor.

William Backhouse Astor Jr.(July 12, 1829 – April 25, 1892) was an American businessman, racehorse owner/breeder, and yachtsman who was a member of the prominent Astor family. His elder brother, financier and philanthropist John Jacob Astor III, became head of the British line of Astors in the United Kingdom. William Jr. was head of the American line of Astors, while his wife, Caroline Schermerhorn, served as the leader of New York society's "Four Hundred" during the Gilded Age. 

He supported the abolition of slavery before the American Civil War, and during the war, he personally bore the cost to equip an entire Union Army regiment.

Unlike his business-oriented father, William Jr. did not aggressively pursue an expansion of his inherited fortune. Instead, he preferred life aboard the Ambassadress, at that time the biggest private yacht in the world, or horseback riding at Ferncliff, the large estate he had built on the Hudson River. Astor's horse Vagrant won the second running of the Kentucky Derby, in 1876.

William Jr. often spent winters aboard his yacht in Jacksonville, Florida, and he was responsible for the construction of a number of prominent buildings in the city. He and sixteen other businessmen founded the Florida Yacht Club in Jacksonville in 1876, although he was the only person in Florida to actually own a yacht. The club is now the oldest social club in Jacksonville and one of the oldest yacht clubs in the United States. Liking the area, Astor in 1874 purchased a land tract of around 80,000 acres (320 km²) along the St. Johns River north of Orlando, in an area that is now Lake County, Florida. There he and two partners used 12,000 acres (49 km²) to build an entire town that he named Manhattan; the name was later changed to Astor in his honor.

His project, which would come to include several hotels, began with the construction of wharves on the river to accommodate steamboats. These steamboats attracted a steamship agency that could bring in the necessary materials and supplies. Astor enjoyed his development and purchased a railroad that connected the town to the "Great Lakes Region" of Florida. He donated the town's first church and the land for the local non-denominational cemetery, and he also helped build a schoolhouse, both of which are still standing today. In 1875, one of the many nearby lakes was named Lake Schermerhorn after his wife, Lina Schermerhorn.

The town boomed, and Astor, with an eye on the large New York market, expanded his interests to a grapefruit grove; this fruit at the time was only available on a very limited basis in other parts of the United States. He did not live long enough to see the orchard grow to production. Following his death on April 25, 1892, the property fell to his son Jack. By then though, rapid changes were taking place throughout Florida. New railroads had been built in 1885 through the central and western part of the state, and in the late 1890s Henry Flagler built a railroad line running down Florida's east coast from Daytona Beach. All this expansion left the town of Astor isolated and it was all but abandoned after train service was discontinued.

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