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Henry Wells and James C. Fargo - American Express Co - 1866 dated Autograph Stock Certificate

Inv# AG1279   Stock
Henry Wells and James C. Fargo - American Express Co - 1866 dated Autograph Stock Certificate
Years: 1866
Color: Blue and Black

1866 stock, Uncanceled, "Capital Stock 18,000 Shares" type with red overprint, with the very pretty blue border. The signatures of both Wells and Fargo are superb! Minor mounting residue at back & minor old tape repair at back margin otherwise Excellent Condition. Portraits of Wells and Fargo are included. Nicer than normal and the best eye appeal!


Henry Wells (1805-1878) Henry Wells (December 12, 1805 – December 10, 1878) 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 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

 

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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: $1,700.00