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January 15-16, 2013 - New York, NY
489
488
488 North American Land Co. (PA) 1795. Philadelphia.
3 shs . #541. Signed by Robert Morris as president
and James Marshall as secretary. Counterfoil
at left, on laid paper, uncanceled, very strong appearance.
Previously framed, and then dismounted, with
some minor splits and tape remnants where the original
mounts were; otherwise VF.
North American Land speculated on and developed
lands given by a grateful Congress to Robert Morris, who
had helped finance the Revolution. The company failed,
and, Morris, the “financier of the American Revolution”
and signer of the Declaration of Independence
found himself in debtor’s prison. (photo)
Est. 250-350
489 North American Transportation and Trading Co
(IL), $100 shares, capital stock, 19(00), #B776,
signed by Michael Cudahy as president, train on
causeway in front of busy lake with white mountain
in distance, green, 50-cent battleship revenue stamp
upper right, about very fine+. This company was
formed to provide transportation to Alaska during the
Yukon Gold Rush and to break the monopoly of the entrenched
Alaska Commercial Company. (photo)
Est. 150-250
490 Orinoco Steam Navigation of New York (NY),
One $1000 share, 1851-55, laden cart and paddlewheel,
allegorical women bottom, semi-nude figure
in shell, black with red underprint, one with ink erosion
from heavy pen cancels, otherwise all about VF+.
[7] Est. 250-350
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