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Forbes Iron Company Stock Certificate (126061)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Industrial Start Price:50.00 USD Estimated At:100.00 - 200.00 USD
Forbes Iron Company Stock Certificate  (126061)
SOLD
25.00USD+ (6.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Dec 17 @ 15:05UTC-8 : PST/AKDT
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No. 52, issued for 150 shares to Nathan Washburn on May 16th, 1865. Signed by president FL Adam and secretary William H Barnum. Not cancelled. Black border and print, 25 cent adhesive revenue stamp. Pinholes, folds. 5 x 8.25" William H Barnum was involved in the Beckley Furnace at East Canaan. They produced railroad wheels. He also served as a state representative, U.S. Representative, U.S. Senator, and finally as chairman of the Democratic National Committee. He was known as Seven Mule Barnum. He was disposed - both for his own economic interests and politically - to favor high tariffs on imports, especially imported pig iron and railroad car wheels, and for the most part high tariffs were in effect during this period.

Date: 1865
Country (if not USA):
State: Connecticut
City: East Canaan
Provenance: Ken Prag Collection

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