John Butterfield signed American Express Stub from 1860's dated Stock Certificate Ledger Book
Inv# AG1321 Stock
John Butterfield (1801-1869) Expressman, financier. Active in New York stage lines, steamboat operation and railroad promotion, organizer of the American Express Co. 1850. 1860’s American Express stock stub signed by J. Butterfield. Light stain but Nice. Rare!
John Butterfield (November 18, 1801 – November 14, 1869) was a transportation pioneer in the mid-19th century in the American Northwest and Southwest. He founded many companies, including American Express which is still in operation today. The Butterfield Overland Mail Company was the longest stagecoach line in the world. The line operated from 1858 to 1861 on the Southern Overland Trail and established an important connection between the new state of California and the government and economy of the contiguous eastern states. Read more at https://en.wikipedia.org/wiki/John_Butterfield_(businessman)
The American Express Company (Amex) is a multinational financial services corporation headquartered at 200 Vesey Street in the Financial District of Lower Manhattan in New York City. The company was founded in 1850 and is one of the 30 components of the Dow Jones Industrial Average. The company's logo, adopted in 1958, is a gladiator or centurion whose image appears on the company's well-known traveler's cheques, charge cards, and credit cards. In 1850, American Express was started as an express mail business in Buffalo, New York. It was founded as a joint-stock corporation by the merger of the express companies owned by Henry Wells (Wells & Company), William G. Fargo (Livingston, Fargo & Company), and John Warren Butterfield (Wells, Butterfield & Company, the successor earlier in 1850 of Butterfield, Wasson & Company). Wells and Fargo also started Wells Fargo & Co. in 1852 when Butterfield and other directors objected to the proposal that American Express extend its operations to California. Read more at https://en.wikipedia.org/wiki/American_Express
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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