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FINANCIER J. P. Morgan / John Pierpont Morgan SIGNED 00 ORANGE Railroad BOND

$ 660

Availability: 41 in stock
  • Country/Region of Manufacture: United States
  • All returns accepted: ReturnsNotAccepted

    Description

    - FINANCIER J. Pierpont Morgan SIGNED 00 Railroad BOND -
    - HEAD of the BANKING FIRM of J. P. Morgan and Company -
    - 23RD Wealthiest American EVER (American Heritage Mag 1998) -
    RARE,
    00 First Mortgage BOND
    (orange color)
    from the “New Jersey Junction Railroad Company”
    genuinely
    SIGNED / AUTOGRAPHED by the famous American FINANCIER J. Pierpont Morgan
    , as
    TRUSTEE
    on the
    backside
    of the bond.
    Along the
    top
    , the bond states states –
    “FOR VALUE RECEIVED THE New York Central and Hudson River Railroad Company HEREBY GUARANTEES THE PUNCTUAL PAYMENT OF THE PRINCIPAL and INTEREST”
    .   There are also two embossed seals along the left side of the bond – one for the “New Jersey Junction Railroad Company” and the other for the “New York Central & Hudson River Railroad Company”.
    The New Jersey Junction RR was part of the New York Central Railroad, with tracks running along the west side of the Hudson River in New Jersey, from the West Shore Railroad yards at Weehawken Terminal south to Jersey City.
    JOHN PIERPONT MORGAN (1837 - 1913)
    was an American financier and banker who dominated corporate finance on Wall Street throughout the Gilded Age.  As the head of the banking firm that ultimately became known as J. P. Morgan + Co., he was a driving force behind the wave of industrial consolidation in the United States spanning the late 19th and early 20th centuries. Over the course of his career on Wall Street, J.P. Morgan spearheaded the formation of several prominent multinational corporations including U.S. Steel, International Harvester, and General Electric which subsequently fell under his supervision. He and his partners also held controlling interests in numerous other American businesses including Aetna, West'rn Union, Pullman Car Company, and 21 railroads.  Due to the extent of his dominance over U.S. finance, Morgan exercised enormous influence over the nation's policies and the market forces underlying its economy. During the financial Panic of 1907, he organized a coalition of financiers that saved the American monetary system from collapse (WIKI).
    CONDITION:
    railroad bond measures about 9 5/8 x 13 ¼ inches in size and is in SUPERB original condition with a dark signature by J. P. Morgan.  There are NO rips or tears, only a couple of small, unobtrusive punch cancellation marks, none of which affect Morgan’s bold signature (see SCANS).
    The
    signature / autograph of J. Pierpont Morgan is guaranteed authentic
    .   Winning bidder to pay
    for shipping, postage & INSURANCE
    .   Please let me know if you have any additional questions.
    PLEASE READ:
    I have been buying + selling American historical autographs & documents for over 30 years and a former member of both the “Manuscript Society” and the UACC.  We ship everything INSURED (thru the USPS) with a value over .  This helps us know that the item you took the time to purchase arrived safely.  We have not had a package turn up lost in over 25 years, though one package went rogue about 15 years ago but eventually turned up.  Packages are shipped out within 1 – 3 business days, but typically the next day.  Please understand, we do not make any money on shipping costs, but rather run a deficit over the course of a year.  Most people don’t realize that ebay deducts 13.5% from my stated shipping charges (leaving me about 87% of that amount for actual postage + insurance).  Everything we sell is packaged with the utmost care.  Please read my ebay feedback over the last 20 years.  The comments are often – the best packaging I have ever seen, “bullet proof” packaging, etc.