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New-York Central Railroad Co. Transferred to Henry Keep - Railroad Autograph

Inv# AG2631   Autograph
State(s): New York
Years: 1867
Transfer to Henry Keep, but not signed. 5 cents revenue stamp on front!
 

Henry Keep (1818-1869) was a financier, born in Jefferson county, New York, in 1818; died in New York City, 30 July, 1869. After suffering many hardships through poverty, he worked his way to Honeoye Falls. Near Rochester, New York, he was employed as a teamster, and, having saved a small sum of money, invested it during the financial crisis of 1837 in depreciated currency, which, upon its subsequent rise, yielded him a handsome profit. He then bought Canadian banknotes at a discount from residents of the American frontier, and cashed them at par in Canada. In this way he amassed sufficient capital to establish a bank at Watertown, New York, and afterward founded several other country banks.

He then removed to New York and became largely interested in railroads and railroad stocks. In 1861-63 he was treasurer of the Michigan Southern railroad, and for six months of 1866 was president of the New York Central Railroad. From June 1868, until the time of his death, he was president of the Chicago and Northwestern, controlling manager of the North Indiana, and president of the Cleveland and Toledo railroad. Henry became known as "William the Silent" because of his uncanny secrecy surrounding his investments.

Henry Keep (June 22, 1818 – July 30, 1869) was an American currency speculator, banker, stock speculator, and railroad financier who invested heavily in the Chicago and North Western Railway, Cleveland and Toledo Railroad, Michigan Southern and Northern Indiana Railroad, and New York Central Railroad. He was treasurer of the Michigan Southern and Northern Indiana Railroad from 1861 to 1863, and briefly president of the New York Central Railroad in 1866.

Henry Keep was born on June 22, 1818, in Adams, New York, to Herman Chandler Keep and his wife, Dorothy (née Kent). He had two sisters, Mary and Martha. He was a descendant of John Keep, and emigrant from the Kingdom of England who arrived in the Massachusetts Bay Colony in 1660 and was killed in 1676 during King Philip's War. He was also related to William Ezra Keep, a successful builder in Hartford, Connecticut. Read more at https://en.wikipedia.org/wiki/Henry_Keep_(businessman)

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Condition: Excellent
Item ordered may not be exact piece shown. All original and authentic.
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