Greenville & Columbia Rail Road Company
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Product Details
Company | Greenville & Columbia Rail Road Company |
Certificate Type | Capital Stock |
Date Issued | March 30, 1853 |
Canceled | Yes |
Printer | Rawdon, Wright, Hatch & Edson |
Signatures | Hand signed |
Approximate Size |
10" (w) by 6 1/2" (h) |
Product Images |
Show the exact certificate you will receive |
Authentic | Yes |
Additional Details | NA |
Historical Context
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.
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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.