THE AMERICAN EXPRESS COMPANY - STOCK CERTIFICATE SIGNED 05/01/1866 CO-SIGNED BY: HENRY WELLS, ALEXANDER HOLLAND, JAMES C. FARGO - HFSID 14229
Price: $1,750.00
AMERICAN EXPRESS COMPANY: HENRY WELLS and JAMES C. FARGO
1866 stock certificate in American Express Company, signed by founder Wells
and company officers Fargo and Holland. This certificate dates from only 16
years after the company's founding in 1850.
Stock certificate signed: "Henry Wells" as President, "Jas.
C. Fargo" as Secretary pro tem and "Alex Holland" as
Treasurer. 1 page, 12¼x8½. New York, May 1, 1866. No. 809 certifying
that "Geo W. Chadwick of Utica is entitled to Two (2) Shares in the American
Express Company...That the term of Said Company shall be Thirty Years from and
after the first day of January 1860...." Shares in this May 1, 1866 issue of
18,000 shares were $500 each. The American Express Company, which was formed
in 1850 and disbanded by law in 1860, recapitalized in 1861. The pioneer
service transported valuables, currency, mail and commodities across the
country, expanding to banking and tourism after 1869. Signed by co-founder of
the American Express Company Henry Wells, James C. Fargo (co-founder William G.
Fargo's brother, later President of American Exprerss) and Alexander Holland,
the son-in-law of the third founder, John Butterfield. 5-cent Internal
Revenue stamp affixed at upper left. Lightly toned and rippled. Lightly tanned
near lower edge. Pinholes near lower left corner. Certificate has been folded
vertically three times horizontally once and unfolded. Small tear on right edge
and on bottom edge along central fold. Toned along folds. Normal stock
certificate stampings, none of which touch signatures. Otherwise in fine
condition.
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