SOUTH CAROLINA 1854 The Greenville & Columbia Railroad Co Stock Certificate
Item History & Price
| Reference Number: Avaluer:10005055 |
The certificate is dated July 18, 1854. The company was incorporated in South Carolina.
The Greenville & Columbia Rail Road was chartered in North Carolina 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 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 Co. 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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Please visit my store to view other stock certificates and bonds. I combine shipping if you request an invoice before paying.
The Greenville & Columbia Rail Road was chartered in North Carolina 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 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 Co. 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..
Postage based upon shipping within the United States.
Please visit my store to view other stock certificates and bonds. I combine shipping if you request an invoice before paying.
