New-York and Harlem Rail Road Co. signed by E.V.W. Rossiter for William H. Vanderbilt - Autograph Railway Transfer Receipt
Inv# AG1996 Stock
Transfer Receipt signed by E.V.W. Rossiter for Wm. H. Vanderbilt. 600 shares!
Edward Van Wyck Rossiter (1844-1910) served as the President's clerk for the Hudson River Railroad and held the position of clerk in the Treasurer's office from 1860 to 1867. He was the cashier for the New York & Harlem Railroad from 1867 to 1877. Subsequently, he became the treasurer of the same company. In June 1883, he assumed the role of treasurer and, from November 1900, he held the position of Vice President for both the New York Central and Hudson River Railroad and the New York & Harlem Railroad, in addition to nearly all lines associated with the New York Central Company. He was also involved with the Lincoln National Bank and the Lincoln Safe Deposit Company.
William Henry Vanderbilt (May 8, 1821 – December 8, 1885) was a prominent American businessman and philanthropist. Affectionately known as "Billy," he was the firstborn son of Commodore Cornelius Vanderbilt, inheriting a significant portion of his father's wealth and becoming a key figure in the Vanderbilt family. Following his father's passing in 1877, Vanderbilt emerged as the wealthiest individual in America, maintaining this status until his own death in 1885. He bequeathed a considerable share of his fortune to his wife and children, with particular emphasis on his sons, Cornelius II and William. Upon his father's death, he inherited nearly $100 million, and by the time of his own demise, this fortune had doubled. Born in New Brunswick, New Jersey, on May 8, 1821, to Commodore Cornelius Vanderbilt and Sophia Johnson, "Billy" Vanderbilt received meticulous guidance in business from his father.
At the age of 19, he began his career as a clerk in a New York banking institution. He later advanced to an executive role at the Staten Island Railway, where he became president in 1862. In 1865, he was appointed vice-president of the Hudson River Railway, and in 1869, he ascended to the position of vice-president of the New York Central and Hudson River Railroad, ultimately becoming its president in 1877. Following the Commodore's death, he also took on the presidency of the Lake Shore and Michigan Southern Railway, the Canada Southern Railway, and the Michigan Central Railroad. Vanderbilt's extensive railroad interests encompassed the Chicago, Burlington and Quincy Railroad, the Chicago and Canada Southern Railway, the Detroit and Bay City Railroad, the Hudson River Railroad, the Hudson River Bridge, the Joliet and Northern Indiana Railroad, the Michigan Midland and Canada Railroad, the New York Central and Hudson River Railroad, the New York Central Sleeping Car Company, the New York and Harlem Rail Road, the Spuyten Duyvil and Port Morris Railroad, and the Staten Island Rail-Road.
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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