Hudson River Rail Road Co. Dividend Sheet signed by Cornelius Vanderbilt II, August Belmont and Others - Autographed Stocks and BondsInv# AG2657 Stock
8 Stock Dividend Sheets signed by Cornelius Vanderbilt II, August Belmont, Francis Bacon and numerous other famous people. 2 cents revenue stamps on most pages. Civil war era dated! Large sheets measure 11 1/4" x 17 1/4".
Cornelius Vanderbilt II (1843-1899) Noted Financier and Head of the House of Vanderbilt in the third generation. He was the favorite grandson of Cornelius Vanderbilt, who left him $5 million, and the eldest son of William Henry Vanderbilt, who left him close to $70 million. In his turn he succeeded them as head of the New York Central and related railroad lines in 1885. He had a reputation as something of a workaholic, though a stroke in 1896 compelled him to reduce his active business involvement. Though retired from active control he took an advisory role in the many properties in which he, and the family, had made investments. Regarded as a capable and conservative railroad manager, and a splendid accountant; mastering the intricacies of the banking system during his association with the Shoe and Leather Bank of New York. Between 1885 and his untimely death in 1899 the stock of the leading railroads, with which the Vanderbilt name was then identified, had enhanced in value to the amount of $173,497,000. over their worth at the time he assumed control. Kindly, charitable, and democratic, he held the respect of employees at all levels of the Vanderbilt railroad interests. This Cornelius, deriving no pleasure in yachting, or the Turf, sought the satisfactions of philanthropy, fine music, good paintings and exquisite architecture. He married Alice Claypoole Gwynne (1852-1934). Their eldest son William Henry Vanderbilt II (1870-1892) died while a junior at Yale University, and Cornelius endowed a large dormitory there. He disinherited his second son Cornelius Vanderbilt III (1873-1942) for marrying without his approval. Third son Alfred Gwynne Vanderbilt (1877-1915) went down with the RMS Lusitania. His remaining son was Reginald Claypoole Vanderbilt. His daughters were Gertrude Vanderbilt Whitney and Countess Gladys Vanderbilt Széchenyi. The fabulous Fifth Avenue mansions he, his brothers, and his sons lived in have been demolished, but the Newport, Rhode Island vacation home he built, The Breakers, still stands as a memory of the lifestyle of Cornelius Vanderbilt II. On his death, family leadership passed to his brother, William Kissam Vanderbilt. His philanthropy had been such that he did not increase the wealth that had been left to him.
August Belmont (1816-1890), Banker, Born in Prussia. At 14 he secured a position with the Banking House of the Rothschilds at Frankfort and later managed some of the enormous financial transactions of the Rothschilds. At 21, he came to New York. In 1841, he fought a duel over a point of honor, in which he was wounded with the result of being lamed for life. He became a U.S. citizen. In 1854, he was appointed U.S. Charge d’Affaires at the Hague. He was involved in other diplomatic posts and in politics. Later established the firm of August Belmont & Co. In the Civil War he aided the Union cause by his influence in European political and financial circles.
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.