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A Republican Institution, Commonwealth of Massachusetts, 1831 [111883]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:400.00 USD Estimated At:800.00 - 1,200.00 USD
A Republican Institution, Commonwealth of Massachusetts, 1831  [111883]
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Cert. #71, issued for one share at Boston, Massachusetts in 1831. Issued to Joseph Badger and signed by John Rayner as president and Benj. P. Richardson as recording secretary. Reddish colored corporate seal at the left with a blue ribbon attached and threaded through the certificate. Very unique. This historic document has a vignette an eagle holding a ribbon with the motto "E Pluribus Unum" in its beak, and arrows and an olive branch in its claws. Affixed at left is the large embossed corporate seal which indicates that the Republican Institution was incorporated in 1819. A Republican Institution was founded as a forum to promote political thought and discussion despite differences in political affiliation for the good of the nation as a whole. Its intent was to provide a forum for political education and discussion of the best means of promoting national welfare. The Republican Institution included the leading Whig political party members at the time. It was actually a “think tank” of the Whig party in Massachusetts. The Whig party was a forerunner of today’s Republican party. The certificate has a few extra folds and some wear on the seal. This is a rare and interesting piece.

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