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Powdermill Turnpike Corporation Stock Certificate [134123]

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Powdermill Turnpike Corporation Stock Certificate  [134123]
SOLD
60.00USD+ (15.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2021 May 13 @ 13:31UTC-7 : PDT/MST
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No. 252, issued for one share to Richard Waterman on December 1st, 1834. Signed by treasurer Charles Thurber. Not cancelled. Reverse has notations for stock transfer. Black print and vignette of horse-drawn carriage. Deep horizontal fold. 6.5 x 8.25" In 1810, a petition was granted by the Rhode Island General Assembly to form the Powder Mill Turnpike Corporation, which authorized the construction and improvement of the roadway that ran from Waterman’s Tavern in Greenville, eastward through Johnston and North Providence, ending at the Providence town line. The corporation was so named after a gunpowder mill that once stood in Centerdale about the time of the American Revolution. Unfortunately, the mill met with a tragic end when it was destroyed by a devastating explosion.

Date: 1834
Country (if not USA):
State: Rhode Island
City: Providence
Provenance: Ken Prag Collection