Jersey City, New Jersey (Signed by Mayor Frank Hague)
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Product Details
Beautifully engraved antique bond certificate from Jersey City, New Jersey dating back to the 1920's. This document, which is signed by Mayor Frank Hague, was printed by the Hamilton Bank Note Company and measures approximately 9 3/4" (w) by 14" (h).
This certificate's vignette features the New Jersey State Seal.
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You will receive the exact certificate pictured.
Historical Context
Jersey City is the second most populous city in the state of New Jersey, after Newark. It is the seat of Hudson County as well as the county's largest city. As of 2018, the Census Bureau's Population Estimates Program calculated that Jersey City's population was 265,549, with the largest population increase of any municipality in New Jersey since 2010, an increase of about 9.4% from the 2010 United States Census, when the city's population was at 247,597, ranking the city the 78th-most-populous in the nation.
Part of the New York metropolitan area, Jersey City is bounded on the east by the Hudson River and Upper New York Bay and on the west by the Hackensack River and Newark Bay. A port of entry, with 30.7 miles of waterfront and extensive rail infrastructure and connectivity, the city is an important transportation terminus and distribution and manufacturing center for the Port of New York and New Jersey. Jersey City shares significant mass transit connections with Manhattan. Redevelopment of the Jersey City waterfront has made the city one of the largest centers of banking and finance in the United States and has led to the district being nicknamed Wall Street West.
Frank Hague
Frank Hague (January 17, 1876 – January 1, 1956) was a Democratic Party politician who served as the Mayor of Jersey City, New Jersey from 1917 to 1947, Democratic National Committeeman from New Jersey from 1922 until 1949, and Vice-Chairman of the Democratic National Committee from 1924 until 1949.
Hague has a widely known reputation for corruption and bossism and has been called "the grandaddy of Jersey bosses." By the time he left office in 1947, he enjoyed palatial homes, European vacations, and a private suite at the Plaza Hotel. His wealth has been estimated to have been over $10 million at the time of his death, although his City salary never exceeded $8,500 per year and he had no other legitimate source of income. His desk, according to legend, had a specially designed lap drawer which could be pushed outward towards the person with whom he was meeting. This allowed his "guests" to discreetly deliver bribes in the form of envelopes containing large amounts of cash. However, according to New Jersey preservationist John Hallanan, the drawers were a traditional feature of 19th century partners desks and that "[t]he last thing [Hague] would need to do is take a bribe personally." As of September 2013, the desk was in storage awaiting restoration.
During the height of his power Hague's political machine, known as "the organization," was one of the most powerful in the United States controlling politics on local, county, and state levels. Hague's personal influence extended to the national level, influencing federal patronage and presidential campaigns.
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.