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Powdermill Turnpike Corp. 1834 Issued Stock Certificate

Currency:USD Category:Coins & Paper Money / Stock & Bond - Certificates Start Price:85.00 USD Estimated At:130.00 - 260.00 USD
Powdermill Turnpike Corp. 1834 Issued Stock Certificate
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Rhode Island, 1834. One Share I/U Capital Stock Certificate, S/N 252, Black text with black borders, Rudimentary stagecoach depicted at top center. Reverse has notations for stock transfer. Fine condition. In 1810, a petition was granted by the Rhode Island General Assembly to form the Powder Mill Turnpike Corporation, which authorized the construction and improvement of the roadway that ran from WatermanÕs Tavern in Greenville, eastward through Johnston and North Providence, ending at the Providence town line. The corporation was so named after a gunpowder mill that once stood in Centerdale about the time of the American Revolution.