1899, Alabama. Stock certificate for ten shares. Blue / Black. Vignette of a locomotive at top center. Punch cancelled. Two shipping revenue imprint at right center. Pin hole at upper left. Overall Fine.

1866, Alabama. $500 bond bearing interest at 8%. Vignette of steam locomotive. Attached adhesive revenue. Punch cancelled and Fine.

1908, Territory of Arizona. $500 bond bearing 6% interest. Brown/Black. Vignette of mining scene at top center. Coupons attached at right side. Punch cancelled. Very fine.

1921, Delaware. Stock certificate for 10 shares. Green/Black. Small split at fold repaired with archival tape on verso. Uncancelled and fine.

1898, Territory of Montana. Stock certificate for one share. Green. Signed as President by Charles S. Mellen (1851-1927). President of the Northern Pacific Company and New Haven Railroad from 1903 to 1913. Close personal friend of J.P. Morgan. President, Charles S. Mellen, who was installed in the job in 1903, was hand picked by Morgan. He came to the New Haven from a position as President of the Northern Pacific Railroad. In that position, he had taken a moribund and bankrupt railroad and turned it into a profitable property. On the Northern Pacific, he had shown the kind of dynamic leadership that Morgan wanted for the New Haven, which he apparently considered as his favorite among the several railroads his syndicate controlled. Mellen strongly believed that the way to profits lay in consolidation. Punch cancelled and excellent.

18--. Montana Territory. Unissued stock certificate. Green/White. Litho. Uncancelled and Excellent.

1895. Montana Territory. Stock certificate for 1 share of Montana Union Railway Company issued to S.H.H.CLARK Signed on verso by S.H.H.CLARK Silas H. H. Clark was promoted by Jay Gould to General Superintendent of Union Pacific Railroad. He started as General Freight Agent in 1867. Charles Adams forced S. H. H. Clark to resign as Vice President and General Manager of Union Pacific. S. H. H. Clark had taken over as president when Dillon died, but Clark was a Gould man and when Gould died, Clark lost his influence against the bankers and the government in the fight over repaying the floating debt and the government bonds. The Northern Pacific and Union Pacific jointly organized the Montana Union Railway in 1886 with each initially owning half of the company’s stock. The company served the mining region into Butte. Stamp and punch cancellations not affecting Clark’s signature. Fine.

190-. Washington. Unissued stock certificate. Green/Black. Very attractive certificate with a nice vignette of a train at top center. Litho. Uncancelled and Excellent.

1726, Italy. A fine example of these Tuscany loans, instruments which boast their roots back to sixteenth century church schemes in which money was received by citizens and credit certificates were issued. These Loan certificates rank among the oldest of Italian banking documents. Attached embossed seal at lower left. Uncancelled and Extremely Fine.