2553

Rare Philadelphia and Lancaster Road Certificate, 1795

Currency:USD Category:Collectibles / Paper Start Price:250.00 USD Estimated At:500.00 - 1,000.00 USD
Rare Philadelphia and Lancaster Road Certificate, 1795
SOLD
250.00USD+ (62.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2017 Dec 03 @ 07:23UTC-8 : PST/AKDT
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A rare and significant very early certificate. Appears to be on vellum(parchment). #222 issued to William Sansom March 16, 1795. Two vertical folds. 7.5" x 8.5". "Sansom commissioned Thomas Carstairs to build a series of rowhomes on the southern portion of the lot. Dubbed Carstairs’ Row, the 22 homes became the first speculative housing development in the nation. Sansom also used his own money to pave Sansom Street between 8th and 7th streets. This series of 19th-century buildings is now known as Jewelers’ Row in Philadelphia." from philly.curbed.com. The Philadelphia to Lancaster Turnpike, called the Lancaster Pike was built privately as the city could not afford the costs themselves. It was the country's first privately built road with broken stone and gravel. It was the first long distance road in the US. Signed by William Bingham who was a key founder and director of the Bank of North America, the first bank in the country in 1781 and became a Pennsylvania Senator 1795-1781 and one of the richest men in America. With his son-in-law Alexander Baring, he helped broker the Louisiana Purchase. This certificate is a a very early example with a vignette of a carriage and horses with a tollgate. Also signed by Tench Francis was the nation's first Purveyor of Public Supplies.
Date: Location: Philadelphia, Pennsylvania HWAC # 53616