Oregon and Transcontinental Co. dated 1882 Issued to and signed by Henry Villard - Autograph Railroad Stock Certificate
Inv# AG2745
Autograph
State(s):
Oregon
Years:
1882
Stock issued to and signed on back by Henry Villard. Particularly nice example! Unusual printed on pink paper. 1,000 shares!
Henry Villard (1835-1900), Journalist, Railway Promoter, Financier. Immigrated from Germany in 1853. As a correspondent, reported the Lincoln-Douglas debates and made the acquaintance of Abraham Lincoln. After Lincoln's election he became correspondent at Springfield, Ill. for the New York Herald. Later, his involvement in Western railroads led to his plan to supply a line that would be the Pacific Coast outlet for any Northern Transcontinental road which might be built. Clashing with the Northern Pacific, whose objective was an outlet on Puget Sound, Villard with his supporters bought a controlling interest in the Northern Pacific. He was made president, 1881, and completed its line in 1883. His control of transportation in the Northwest did not last long, as a huge deficit forced him to resign in 1884. Meanwhile, however, he acquired a controlling interest in the New York Evening Post and provided financial support to Thomas Edison and helped found the Edison General Electric Co. Read more at https://en.wikipedia.org/wiki/Henry_Villard
The Oregon and Transcontinental Company was a 19th-century holding company in the United States, organized by Henry Villard in 1881 to control the Northern Pacific Railroad and Oregon Railway and Navigation Company. It was incorporated in Oregon. New Jersey passed legislation in 1889 to facilitate the control of other companies by another corporation with a goal of encouraging trusts to convert into holding companies and relocate to that state. Oregon and Transcontinental in 1890 re-incorporated as a holding company in New Jersey and became the North American Company so that it could take advantage of these expanded corporate powers and invest in a wider range of businesses. Read more at https://en.wikipedia.org/wiki/Oregon_and_Transcontinental_Company
Condition:
Excellent
Item ordered may not be exact piece shown. All original and authentic.
Ebay ID: labarre_galleries