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Meiggs Wharf Company Stock (90471)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:150.00 USD Estimated At:300.00 - 800.00 USD
Meiggs Wharf Company Stock  (90471)
SOLD
275.00USD+ (68.75) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Mar 08 @ 14:14UTC-8 : PST/AKDT
SHIPPING & HANDLING: Shipping and Handling cannot be estimated prior to invoicing, based on the size and weight of your purchase. All shipping is subject to a minimum charge of $19.00. If additional shipping and handling costs are required, the buyer will be reinvoiced for the balance due. Items are not shipped until the invoice is completely paid. Many buyers purchase a number of lots. Every effort will be made to include all lots in a single shipping charge calculated to cover the weight and size of the package(s). NOTE: Some shipments (of unusual size, dimension, or weight) may require sp...
Meiggs' Wharf was a L-shaped wooden pier extending between 1600 and 2000 feet from the northern San Francisco shoreline, an exceptional distance for its time. It was built to attract the lumber shipping trade by transplanted San Franciscan Henry Meiggs as part of his real estate development plans for what would become the North Beach area of San Francisco. Though it bankrupted him in the process, it would become a major part of North Beach and San Francisco society life. The pier became the southern terminus for the ferry to Marin County. The wharf itself survived until it was burned to the water on the second day of the conflagration that devastated San Francisco after the 1906 earthquake. SInce the process and the wharf bankrupted him, the 'Father of North Beach,' tried to cover his shortfalls with illicitly obtained warrants against the San Francisco Street Fund. Before his fraud was discovered he fled on October 6, 1854 on his brig America. He landed in Chile, where after losing $8,000 in stake money and pawning his pocket watch he would make another large fortune building Chilean and Peruvian railroads. Meigg would use a part of his new wealth to repay victims of the fraud.

Unissued. Vignettes of Meiggs and his wharf. 18--. Incorporated April 16, 1874. GH Baker printer. No edge, corner, pin hole or discoloration issues. Prag Collectionhttps://holabirdwesternamericana.quickbase.com/db/bje4a2a9u?a=nwr#

Date: 18--
City/County: San Francisco
State: California