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Davis Sewing Machine Company of Watertown, N.Y. Stock Certificate, 1872

Currency:USD Category:Collectibles / Paper Start Price:40.00 USD Estimated At:80.00 - 180.00 USD
Davis Sewing Machine Company of Watertown, N.Y. Stock Certificate, 1872
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Number 191 for 20 shares to Lord in 1872. Signed by treasurer LA Johnson and president GA Bagley. Blue large 25c Revenue Stamp. Allegorical vignette. Excellent condition except for one hole. In the mid-1860s Job Davis, an inventor, traveled to Watertown and displayed his Davis Sewing Machine at the Woodruff house. The Davis machine was a great improvement over the sewing machine previously invented by Elias Howe and it aroused the interest of brothers John and Joseph Sheldon. In February 1868, the Davis Sewing Machine Company was started in Watertown by the Sheldons with a capital of $150,000, which was quickly increased to $300,000. Date: 1872 Location: Watertown, New York HWAC# 54567