Beautifully engraved antique stock certificate from the Greenville & Columbia Rail Road Company dating back to the 1850's. This document, which is signed by the company President and Treasurer, was printed by Rawdon, Wright, Hatch & Edson and measures approximately 10" (w) by 6 1/2" (h).
This piece features four great vignettes - a train scene at the top, John O'Neal at the top left, the South Carolina state seal at the left center and another man at the bottom.
Great South Carolina collectible!
You will receive the exact certificate pictured.
This railroad was chartered in 1845, construction began in 1849 and was completed in 1854. It was a main feeder into Columbia from the South Carolina piedmont for the Confederacy during the U.S. Civil War.
After the war, politicians defrauded the state of South Carolina out of $400,000 in a failed investment in the troubled Greenville & Columbia Railroad Company. The loss was equal to a quarter of the state's revenues for that year. As a result of the failed investment, the state adopted a constitutional ban on investing public money in stocks.