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Mississippi and Missouri Rail Road Co. Issued to Thos C. Durant - Autograph Rail For Sale
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Mississippi and Missouri Rail Road Co. Issued to Thos C. Durant - Autograph Rail:
$158.00
Stock issued to but not signed by Thos. C. Durant. Thomas Clark Durant (February 6, 1820 " October 5, 1885) was an American physician, businessman, and financier. He was vice-president of the Union Pacific Railroad (UP) in 1869 when it met with the Central Pacific railroad at Promontory Summit in Utah Territory. He created the financial structure that led to the Crdit Mobilier scandal. He was interested in hotels in the Adirondacks and once owned the yacht Idler. He successfully built railroads in the Midwest, and, after an 1862 act of Congress created the Union Pacific Railroad, John A. Dix was elected president and Durant vice president of the company. Durant assumed the burden of management and money raising"and, with much money at his disposal, he helped secure the 1864 passage of a bill that increased the railroad's land grants and privileges. He organized, and at first controlled, the Crdit Mobilier of America, but in 1867 he lost control of the company to brothers Oliver and Oakes Ames. Durant continued on the directorate of the Union Pacific, however, and furiously pushed construction of the railroad until it met the Central Pacific RR on May 10, 1869. The Ames group then procured his discharge. Durant was born February 6, 1820 in Lee, Massachusetts. He studied medicine at Albany Medical College where, in 1840, he graduated cum laude and briefly served as assistant professor of surgery. After he retired from medicine, he became a director of his uncle's grain exporting company: Durant, Lathrop and Company in New York City. While working with the prairie wheat trade, Durant Item ordered may not be exact piece shown. All original and authentic.
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