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Merchants Dispatch Transportation Co. 1871 I/C Stock Certificate Signed by James C. Fargo with Rare

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:350.00 USD Estimated At:500.00 - 1,000.00 USD
Merchants Dispatch Transportation Co. 1871 I/C Stock Certificate Signed by James C. Fargo with Rare
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The auction will take place on March 10, 2021 at AIA's office located at 1060 Main St., Suite #202, River Edge, NJ 07661 beginning at 11:00 AM
New York, 1871. 20 Shares I/C Stock Certificate, low S/N 4, Black text with thin red border, 5 cent Lincoln in Brown IR Stamp at center, Large building depicted at top center. Signed by James C. Fargo as company president, and William Vanderbilt's name appears on back stock transfer. Cancelled in ink, signatures crossed-out, and POCs. Fine condition. The Merchants Dispatch Transportation Company (MDT, also known as the Merchants Dispatch Refrigerator Line) was established in 1857 or 1858 by the American Express Company of New York (then a freight forwarding service). James Congdell Strong Fargo (May 5, 1829 – February 8, 1915) was a president of the American Express Company for 30 years, and the brother of American Express Company and Wells Fargo co-founder, William Fargo.