2523

Utica and Waterville Rail Road Co (114648)

Currency:USD Category:Coins & Paper Money / Stock & Bond - Transportation Start Price:125.00 USD Estimated At:250.00 - 700.00 USD
Utica and Waterville Rail Road Co  (114648)
SOLD
65.00USD+ (16.25) buyer's premium + applicable fees & taxes.
This item SOLD at 2020 Apr 17 @ 15:30UTC-7 : PDT/MST
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2 certificates. Started operations in 1866 and stopped service in 1868 for a total period of operations of 2 years. Both certs Black, shares $100 ea. vignette top street car l-r w/company initials top rail. Jacques Sandmeyer Litho. EF cond. U/U, not numbered, dateline 18__. #189, I/U, One share issued Jan 1, 1866 signed John Butterfield President. John Butterfield 1801–69, American stagecoach proprietor and expressman, near Albany, N.Y. Beginning as a stage driver out of Albany, he rose to ownership of a large network of stage lines. He helped to merge his express company with others to form (1850) the American Express Company. In 1857, when Congress established the overland mail route to Los Angeles, Butterfield was awarded the mail contract. He organized the service on the 2,800-mi southern route efficiently and continued it until 1861, when the stages were moved to the central route. He also promoted the development of telegraph lines and railroads. He was the founder of the Utica and Waterville Rail Road Company.

Provenance: Ken Prag Collection
Country (if not USA):
State: New York
City/County:
Date: 1866