Coeur d'Alene Railway & Navigation Company (Signed by Daniel Chase Corbin)
- In stock
- Backordered, shipping soon
- Guaranteed authentic document
- Orders over $35 ship FREE to U. S. addresses
- Earn rewards points with every order
Product Details
CompanyCoeur d'Alene Railway & Navigation Company
Certificate Type
Capital Stock
Date Issued
February 6, 1888
Canceled
Yes
Printer
Franklin Bank Note Company
Signatures
Hand signed
Approximate Size
11 1/2" (w) by 6 3/4" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
Signed by Daniel Chase Corbin
Reference
Historical Context
Local mining and railroad mogul Daniel C. Corbin founded the Coeur d'Alene Railway and Navigation Company in 1886. This was a small narrow gauge railroad that ran from Coeur d'Alene, up the Coeur d'Alene River to the Silver Valley.
Kellogg and Wallace, Idaho were booming after discovering the rich mineral deposits in the Silver Valley. Being the first rail service in the valley was a distinct advantage.
The road was leased in 1888 to the Northern Pacific Railroad. The road was sold to the Northern Pacific after foreclosure in 1897.
Daniel Chase Corbin
Mining and railroad magnate Daniel Chase Corbin ranks as a major shaper of the growth and prosperity of Spokane, Washington - the economic and geographic center of the Inland Northwest. He settled in Spokane in 1889, already an experienced Western entrepreneur and well positioned to survive the Panic of 1893, which depleted the fortunes of Spokane's earliest tycoons. The bulk of Corbin's wealth was based on his railroads that stitched the Idaho Panhandle and British Columbia Kootenay mines to Spokane.
Over the years, he was substantially involved in other enterprises as diverse as banking, real estate, irrigation, beet sugar production, and coal mining. Corbin often was pointed out as Spokane's richest man as he passed in his buggy, its superb team driven at top speed by a coachman. But unlike many of his wealthy predecessors and contemporaries, Corbin was not a civic leader or benefactor, at least in any obvious way, and, upon his death, his wealth remained with his descendants. His personal and family life was full of enigmas, and his aloof demeanor did not make him popular in the community. Furthermore, his secretiveness about earnings and assets would not be allowed under today's business regulations. Yet Corbin's contribution to his adopted city was massive, his railroads and other ventures enabling such wealth to pour into Spokane that, during his time, it became the hub of the "Inland Empire."
Related Collections
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.