Northern Pacific Railroad Company Preferred Stock Certificate – Issued to and Signed by Frederick Billings 1874
Northern Pacific Railroad Company Preferred Stock Certificate – Issued to and Signed by Frederick Billings 1874
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This is an original Northern Pacific Railroad Company preferred stock certificate, dated May 11, 1874, issued to and signed by Frederick Billings - twice! He was one of the most influential railroad leaders of the 19th century. Printed in green, the certificate represents 100 shares valued at $100 each and includes the vignette of a steam locomotive, ornate engraved borders, and a portrait of Billings himself. This piece is also accompanied by its attached stub. You will receive the exact item shown. Offered as a collectable.
Frederick Billings (1823–1890) was a Vermont-born lawyer, financier, and namesake of Billings, Montana. Rising to prominence as an attorney during the California Gold Rush, he later became president of the Northern Pacific Railroad during one of its most turbulent eras, guiding the company through bankruptcy and into a path of recovery. His leadership linked the railroad’s expansion to the settlement of the Dakotas, Montana, Idaho, Washington, and Oregon.
The Northern Pacific was one of the great transcontinental railroads, chartered by Congress in 1864 to connect the Great Lakes with Puget Sound. Stock certificates like this were sold to raise the massive sums needed to finance construction, with investors ranging from Wall Street bankers to America’s wealthiest industrialists. Printed by the American Bank Note Company
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材料和护理
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