Hudson Car Co. - Railroad Cars - Hoboken, New Jersey Stock Certificate
Inv# RS4346 StockStock. Extremely Rare! This company was incorporated in 1868. The company focused on larger shipping items such as coal. They manufactured rail cars till 1891.
Hoboken (/ˈhoʊboʊkən/ HOH-boh-kən; Unami: Hupokàn) is a city in Hudson County, New Jersey, United States. As of the 2020 United States Census, the city's population was 60,417. Among cities with a population above 50,000, Hoboken was ranked as the third-most densely populated municipalities in the United States, with more than 42,400 people per square mile. Hoboken is part of the New York metropolitan area and is the site of Hoboken Terminal, a major transportation hub for the tri-state region.
Hoboken was first settled as part of the Pavonia, New Netherland colony in the 17th century. During the early 19th century, the city was developed by Colonel John Stevens, first as a resort and later as a residential neighborhood. Originally part of Bergen Township and later North Bergen Township, it became a separate township in 1849 and was incorporated as a city in 1855. Hoboken is the location of the first recorded game of baseball and of the Stevens Institute of Technology, one of the oldest technological universities in the United States. It is also known as the birthplace and hometown of Frank Sinatra; various streets and parks in the city have been named after him.
Located on the Hudson Waterfront, the city was an integral part of the Port of New York and New Jersey and was home to major industries for most of the 20th century. The character of the city has changed from an artsy industrial vibe from the days when Maxwell House coffee, Lipton tea, Hostess Cupcakes, and Wonder Bread called Hoboken home, to one of trendy shops and expensive condominiums. It has been ranked 2nd in Niche's "2019 Best Places to Live in Hudson County" list.
The name "Hoboken" was chosen by Colonel John Stevens when he bought land, on a part of which the city still sits. The Lenape (later called Delaware Indian) tribe of Native Americans referred to the area as the "land of the tobacco pipe", most likely to refer to the soapstone collected there to carve tobacco pipes, and used a phrase that became "Hopoghan Hackingh". Like Weehawken, its neighbor to the north, Communipaw and Harsimus to the south, Hoboken had many variations in the folks-tongue. Hoebuck, old Dutch for high bluff and likely referring to Castle Point (the district of the city highest above sea level), was used during the colonial era and later spelled as Hobuck, Hobock, Hobuk and Hoboocken. However, in the nineteenth century, the name was changed to Hoboken, influenced by Flemish Dutch immigrants and a folk etymology had emerged linking the town of Hoboken to the similarly-named Hoboken district of Antwerp.
Today, Hoboken's unofficial nickname is the "Mile Square City", but it actually covers about 1.25 square miles (3.2 km2) of land and an area of 2 square miles (5.2 km2) when including the under-water parts in the Hudson River. During the late 19th/early 20th century the population and culture of Hoboken was dominated by German language speakers who sometimes called it "Little Bremen", many of whom are buried in Hoboken Cemetery, North Bergen.
Hoboken was originally an island which was surrounded by the Hudson River on the east and tidal lands at the foot of the New Jersey Palisades on the west. It was a seasonal campsite in the territory of the Hackensack, a phratry of the Lenni Lenape, who used the serpentine rock found there to carve pipes.
The first recorded European to lay claim to the area was Henry Hudson, an Englishman sailing for the Dutch East India Company, who anchored his ship the Halve Maen (Half Moon) at Weehawken Cove on October 2, 1609. Soon after it became part of the province of New Netherland.
In 1630, Michael Reyniersz Pauw, a burgemeester (mayor) of Amsterdam and a director of the Dutch West India Company, received a land grant as patroon on the condition that he would plant a colony of not fewer than fifty persons within four years on the west bank of what had been named the North River. Three Lenape sold the land that was to become Hoboken (and part of Jersey City) for 80 fathoms (146 m) of wampum, 20 fathoms (37 m) of cloth, 12 kettles, six guns, two blankets, one double kettle and half a barrel of beer. These transactions, variously dated as July 12, 1630 and November 22, 1630, represent the earliest known conveyance for the area. Pauw (whose Latinized name is Pavonia) failed to settle the land, and he was obliged to sell his holdings back to the company in 1633.
It was later acquired by Hendrick Van Vorst, who leased part of the land to Aert Van Putten, a farmer. In 1643, north of what would be later known as Castle Point, Van Putten built a house and a brewery, North America's first. In series of Indian and Dutch raids and reprisals, Van Putten was killed and his buildings destroyed, and all residents of Pavonia (as the colony was known) were ordered back to New Amsterdam. Deteriorating relations with the Lenape, its isolation as an island, or relatively long distance from New Amsterdam may have discouraged more settlement.
In 1664, the English took possession of New Amsterdam with little or no resistance, and in 1668 they confirmed a previous land patent by Nicolas Verlett. In 1674–75 the area became part of East Jersey, and the province was divided into four administrative districts, Hoboken becoming part of Bergen County, where it remained until the creation of Hudson County on February 22, 1840. English-speaking settlers (some relocating from New England) interspersed with the Dutch, but it remained sparsely populated and agrarian.
Eventually, the land came into the possession of William Bayard, who originally supported the revolutionary cause, but became a Loyalist Tory after the fall of New York in 1776 when the city and surrounding areas, including the west bank of the renamed Hudson River, were occupied by the British. At the end of the Revolutionary War, Bayard's property was confiscated by the Revolutionary Government of New Jersey. In 1784, the land described as "William Bayard's farm at Hoebuck" was bought at auction by Colonel John Stevens for £18,360 (then $90,000).
In the early 19th century, Colonel John Stevens developed the waterfront as a resort for Manhattanites. On October 11, 1811, Stevens' ship the Juliana, began to operate as a ferry between Manhattan and Hoboken, making it the world's first commercial steam ferry. In 1825, he designed and built a steam locomotive capable of hauling several passenger cars at his estate. Sybil's Cave, a cave with a natural spring, was opened in 1832 and visitors came to pay a penny for a glass of water from the cave which was said to have medicinal powers. In 1841, the cave became a legend, when Edgar Allan Poe wrote "The Mystery of Marie Roget" about an event that took place there. The cave was closed in the late 1880s after the water was found to be contaminated, and it was shut and in the 1930s and filled with concrete, before it was reopened in 2008. Before his death in 1838, Stevens founded the Hoboken Land and Improvement Company, which laid out a regular system of streets, blocks and lots, constructed housing, and developed manufacturing sites. In general, the housing consisted of masonry row houses of three to five stories, some of which survive to the present day, as does the street grid.
Hoboken was originally formed as a township on April 9, 1849, from portions of North Bergen Township. As the town grew in population and employment, many of Hoboken's residents saw a need to incorporate as a full-fledged city, and in a referendum held on March 29, 1855, ratified an Act of the New Jersey Legislature signed the previous day, and the City of Hoboken was born. In the subsequent election, Cornelius V. Clickener became Hoboken's first mayor. On March 15, 1859, the Township of Weehawken was created from portions of Hoboken and North Bergen Township.
Based on a bequest from Edwin A. Stevens, Stevens Institute of Technology was founded at Castle Point in 1870, at the site of the Stevens family's former estate, as the nation's first mechanical engineering college. By the late 19th century, shipping lines were using Hoboken as a terminal port, and the Delaware, Lackawanna & Western Railroad (later the Erie Lackawanna Railroad) developed a railroad terminal at the waterfront, with the present NJ Transit terminal designed by architect Kenneth Murchison constructed in 1907. It was also during this time that German immigrants, who had been settling in town during most of the century, became the predominant population group in the city, at least partially due to its being a major destination port of the Hamburg America Line, though anti-German sentiment during World War I led to a rapid decline in the German community. In addition to the primary industry of shipbuilding, Hoboken became home to Keuffel and Esser's three-story factory and in 1884, to Tietjen and Lang Drydock (later Todd Shipyards). Well-known companies that developed a major presence in Hoboken after the turn-of the-century included Maxwell House, Lipton Tea, and Hostess.
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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