Lot 3 - Sale 50 - The Milestone Auction

North American Land Co. 1795 Issued Stock Certificate Signed by James Marshall and Robert Morris, a signer of the ... Read more
Estimate:
500,00/1.000,00 $
Starting price:
350,00 USD (326,68 €)

Bids

Lot status:
Auction closed

Description

Philadelphia. April 18, 1795. 1 Share I/U Stock. No vignette. Appears in VF condition but the Morris signature has been repaired and restored. The North American Land Co. was formed by Robert Morris, James Greenleaf and Jonathan Nicholson had property from Georgia to New York but went bankrupt in 1798 when revenues were not being generated quick enough. This led Robert Morris to debtors prison for three years until his wife could bail him out. S/N 1419 Morris is also known as the financier to the Continental Congress and helped purchase arms for the army and raise funds when the national government was virtually bankrupt.
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Categories

Auction: Sale 50 - The Milestone Auction

Banknotes, Stocks, Coins - all auctions

Timetable

SESSION 1 (Lots 1-478)
Pre-bidding - End
03 12 2018 05:00 CET
02 12 2018 23:00 America/New_York
Room auction - Start
03 12 2018 20:00 CET
03 12 2018 14:00 America/New_York

SESSION 2 (Lots 501-1182)
Pre-bidding - End
04 12 2018 05:00 CET
03 12 2018 23:00 America/New_York
Room auction - Start
04 12 2018 16:30 CET
04 12 2018 10:30 America/New_York