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Philadelphia and Lancaster Turnpike Stock Certificate Issued to Samuel Breck of Philadelphia [13024

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:200.00 USD Estimated At:400.00 - 800.00 USD
Philadelphia and Lancaster Turnpike Stock Certificate Issued to Samuel Breck of Philadelphia  [13024
SOLD
200.00USD+ (50.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 Oct 31 @ 12:35UTC-7 : PDT/MST
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Issued March 16, 1795, certificate 9964 issued to the Bank of Samuel Breck, who was investing in this important turnpike. Signed by William Bingham president. The Philadelphia and Lancaster Turnpike Road was the first long distance stretch of broken-stone and gravel surface built in the country in accordance with plans and specifications. It was the first important turnpike road in the United States and the most important section of the famous of the Pennsylvania Road (which ran to Pittsburg). This road provided cheap transportation between the populous coast regions and the "breadbasket" of the newborn Republic, situated in the vicinity of Lancaster. It was the first privately built road of importance and the beginning of organized road improvement after a long period of economic confusion following the American Revolution. Samuel Breck (1771-1862) was an American politician from Pennsylvania who served as a member of the U.S. House of Representatives for Pennsylvania's 1st congressional district from 1823 to 1825. He served as a corporal during the Whiskey Rebellion. Breck wrote an important paper on Continental money for the Philosophical Society of Philadelphia. [Annals of Philadelphia and Pennsylvania, by Watson]

Date: 1795
Country (if not USA):
State: Pennsylvania
City: Philadelphia
Provenance: Ken Prag Collection