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1868 American Express Co Merger Stock Receipt Signed NR
(Item: 523 - 1868 AMR EXPRS)
Original, vintage stock exchange receipt dated December 14th, 1868. Condition VG minus; with two pin holes evident on top quarter page and original old folds to paper. Verso blank. The original American Express Company was founded on March 18, 1850, through the consolidation of three companies active in the express transport of goods; Including Livingston, Fargo & Company formerly Western Express, was founded in 1845 by Henry Wells and William G. Fargo, later of Wells Fargo fame; Wells & Co. (formerly Livingston, Wells & Co.); And Butterfield & Wasson, founded by John Butterfield and James D. Wasson. American Express was at first a loose association association of investors and sub-contractors under the leadership of Henry Wells as president and Fargo as Secretary. In 1866 Merchants Union Express Company was founded to challenge their near monopoly. After two years of competition the two companies finally decided to merge on November 25, 1868 forming, the American Merchants Union Express Company, with Fargo succeeding as president. This historic document is a transfer of stock from one share of the American Express Company for five shares in the new merged company The American Merchants Union Express Company. The Document was executed in St. Louis Missouri in 1868 just after the close of the Civil War. Signed by Armed Hupmann (sp?)in black ink at bottom. Ex-collection Dick Bowman, Denver Westerner and serious Wells Fargo collector. Please see my other Wells Fargo, Pony Express, and other Express company envelopes, Stock certificates, Way Bills etc. that I will be listing in coming days from this same collection. Scarce. Ephemera. Wells Fargo. American Express Company. American Merchants union Express Company. 1868.
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