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Iron Dike & Land Reclamation Company Stock [130591]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:80.00 USD Estimated At:160.00 - 400.00 USD
Iron Dike & Land Reclamation Company Stock  [130591]
SOLD
80.00USD+ (17.60) buyer's premium + applicable fees & taxes.
This item SOLD at 2022 Jun 05 @ 12:13UTC-7 : PDT/MST
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#194 for 100 shares. Cattle vignette. 25c Revenue stamp. I/U. A major reclamation project occurred after the end of the Civil War. An engineer, Spencer B. Driggs, teamed up with New York City real estate developer Samuel Pike to reclaim the same portion of the Meadowland. Driggs and Pike used a system of dikes and tidal gates, supplemented by water pumps They also introduced the practice of building the earthen dikes around large overlapping iron plates, designed to prevent muskrats and other animals from burrowing through and weakening the dikes. The death of Pike in 1872 and the onset of the financial depression of 1873 led to the abandonment of the project. State:New Jersey City:Newark Date:1869 Provenance: