American Express Company Stock Signed by William Fargo - 1870's

American Express Company Stock Signed by William Fargo - 1870's

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American Express Company Stock Signed by William Fargo - 1870's

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Beautifully engraved Certificate from the famous American Express Company issued in the 1870's. This historic has an ornate border around it with a vignette showing a dog lying done with his eyes wide open. Below him are the words Safety & Dispatch. This highly desirable historic certificate is handsigned by William Fargo and is over 126 years old. This is a great piece of American Express history. American Merchants Union Express Company was formed as a consolidation of AAmerican Express and its chief rival, Merchants Union Express and the name was maintained until 1873 when the "Merchants Union" was dropped thus leaving American Express. This historic certificate was issued as a result to the final name change of American Express. William Fargo could envision the future better than most men of his time. The co-founder of Wells, Fargo & Co., he saw the nation's approaching need for better shipping and transportation systems. For improved communications. For faster delivery of news. So he made it his job to bring the country closer together. The eldest of twelve children, William Fargo was born in Pompey, New York. As a boy he worked on his father's farm and attended school in the winter. At thirteen -- as a mail carrier in his home town --he had already started working toward his goals. In the 1841 Fargo became the first freight agent of Auburn, New York. His business abilities attracted the attention of Henry Wells -- the owner of the express service -- who hired him. First a messenger for Wells, then a partner, he ran express operations west of Buffalo. Both men helped organize the American Express Company. And Fargo served as the company's president from 1868 until his death. After the discovery of gold in California Wells and Fargo saw the desperate need of Westerners for expanded banking and express facilities. American Express was happy to stay in the East. So Fargo made his historic decision with Wells to found Wells Fargo & Co.-- a company that was soon busy buying gold dust, selling drafts and doing a general banking and express business. The two entrepreneurs also built a stagecoaching empire that spanned the West. In fact, in 1863 Fargo came to California overland by stagecoach. He made good use of his stay. While in the Golden State, Fargo worked with the Sacramento Valley Railroad in an attempt to build a railroad across the Sierra Nevada. He also laid the foundation for the Grand Consolidation of 1866 that gave Wells Fargo responsibility for all overland staging west of the Missouri River. President of Wells, Fargo & Co. from 1870 to 1872, Fargo never lost interest in people and the need to communicate. He was the Democratic mayor of Buffalo during the Civil War and a director of the Northern Pacific Railroad, which named one of their railroad towns for him -- Fargo, North Dakota.

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  • earamexcomst
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  • Coins & Currency
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  • Antiques
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