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Washington Branch of the Baltimore and Ohio Railroad Co. Issued to John P. Kennedy - Stock Certificate

Inv# AG2441   Stock
Washington Branch of the Baltimore and Ohio Railroad Co. Issued to John P. Kennedy - Stock Certificate
State(s): Maryland
Ohio
Years: 1857
Stock issued to John P. Kennedy.
 

John Pendleton Kennedy (October 25, 1795 – August 18, 1870) was an American novelist, lawyer and Whig politician who served as United States Secretary of the Navy from July 26, 1852, to March 4, 1853, during the administration of President Millard Fillmore, and as a U.S. Representative from  Maryland's 4th congressional district, during which he encouraged the United States government's study, adoption and implementation of the telegraph. A lawyer who became a lobbyist for and director of the Baltimore and Ohio Railroad, Kennedy also served several terms in the Maryland General Assembly, and became its Speaker in 1847.

Kennedy later helped lead the effort to end slavery in Maryland, which, as a non-Confederate state, was not affected by the Emancipation Proclamation and required a state law to free slaves within its borders and to outlaw the furtherance of the practice.

Kennedy also advocated religious tolerance, and furthered studies of Maryland history. He helped preserve or found Historic St. Mary's City (site of the colonial founding of Maryland and the birthplace of religious freedom in America), St. Mary's College of Maryland (then St. Mary's Female seminary), the Peabody Library (now a part of Johns Hopkins University) and the Peabody Conservatory of Music (also now a part of Johns Hopkins).

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Condition: Excellent

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: $154.00