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John Jacob Astor - 1835 Mohawk & Hudson Railroad - Stock Certificate

Inv# AG1125   Stock
John Jacob Astor - 1835 Mohawk & Hudson Railroad - Stock Certificate
State(s): New York
Years: 1835
John Jacob Astor (1763-1848), Fur Trader, Capitalist. Immigrated to America in 1784 and on his trip met a fellow immigrant who had successfully traded for furs with the Indians. He entered this lucrative business and by 1800 he had amassed a fortune of $250,000. He then made very large purchases of New York real estate. In 1834 he sold all his fur interests and retired to the administration of his twenty-million dollar fortune!!! The following year in 1835 this stock transfer of the Mohawk & Hudson Rail-Road Company, NY was issued to him but not signed. Includes a nice portrait. The condition is Fresh and Mint! Quite 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.
Price: $275.00