Stock Certificate for the American Merchants Union Express Company

Published by New York, 1869

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Seller: Heritage Book Shop, ABAA, Beverly Hills, CA, U.S.A.Heritage Book Shop, ABAA

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Item description from seller

New York: 1869. Full Description: FARGO, William George. Stock Certificate for the American Merchants Union Express Company. New York: 1869. Stock certificate signed by "Wm G. Fargo" as president, "E. P. Ross" as Treasurer and "J. N. Knapp" as Secretary, issuing 100 shares of stock in the American Merchants Union Express Company to Gordon McMillan of Cleveland Ohio, share number 5593. New York: 30th day of March 1869. One sheet (12 1/8 x 9 5/8 inches; 309 x 244 mm). With an engraved vignette, and the Safety & Dispatch" vignette of the dog which was the mascot of American Express. With an orange "5 cents' stamp central on the page. With the purple cancellation stamp and cuts on the front. One of the cuts touches Fargo's signature. The transfer form on the verso is blank. Some very minor creasing, otherwise about fine. "The American Express Company was founded on March 18, 1850, through the consolidation of three companies active in the express transport of goods, valuables, and specie between New York City and Buffalo, New York, and points in the Midwest: (1) Livingston, Fargo & Company (formerly Western Express), founded in 1845 by Henry Wells and William G. Fargo, later of Wells Fargo fame; (2) Wells & Co. (formerly Livingston, Wells & Co.), cofounded by Wells in 1846 and under his ownership at the time of the merger; and (3) Butterfield & Wasson, founded by John Butterfield and James D. Wasson. American Express was at first an unincorporated association of investors headed by Wells as president and Fargo as secretary. By the end of the American Civil War, its business had so flourished, with some 900 offices in 10 states, that it attracted competition in 1866 in the formation of Merchants Union Express Company. For two years the two companies engaged in cutthroat competition and, on the verge of financial exhaustion, finally merged on November 25, 1868, to form the American Merchants Union Express Company, with Fargo succeeding as president. The company was renamed American Express Company in 1873." (Brittanica) HBS 69417. $1,100.…

Seller Inventory # 69417

Bibliographic details

Title
Stock Certificate for the American Merchants Union Express Company
Author
FARGO, William George
Publisher
New York
Publication year
1869
Signed
Signed
Seller catalogs
Americana, Economics

Heritage Book Shop, ABAA

Beverly Hills, CA, U.S.A.

5-star seller

AbeBooks seller since March 25, 2008

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Heritage Book Shop, founded in 1963 by Louis and Benjamin Weinstein, is an internationally renowned antiquarian book shop specializing in fine copies of rare books and first editions. Member ABAA / ILAB.

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Exploration, Voyages, Travel, Science, PMM, Illustrated books, Modern firsts and fine press, Illustrated and color plate books, Nineteenth-century literature, Early printed books in all fields, Fine leather-bound sets, Finely bound books

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Heritage Book Shop, LLC

324 South Beverly Drive, # 1421
Beverly Hills, CA U.S.A. 90212