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Mohawk and Hudson Railroad Co. issued to Wm. B. Astor - Stock Transfer - Autogra For Sale


Mohawk and Hudson Railroad Co. issued to Wm. B. Astor - Stock Transfer - Autogra
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Mohawk and Hudson Railroad Co. issued to Wm. B. Astor - Stock Transfer - Autogra:
$153.00

Stock transfer issued to Wm. B. Astor but not signed. William Backhouse Astor (1792-1875), Capitalist, was born in New York City, the son of John Jacob Astor. He is best known as the "augmentor of the Astor millions". He became a man of great wealth. On the death of his father in 1848, he succeeded to the rank of the richest man in the United States as some $18,000,000 out of $20,000,000 estate was left to William. The father's policy of buying real estate in the section of New York City south of Fifty-ninth St. between Fourth and Seventh Avenues was continued by William until the greater part of the fortune was invested in land and buildings. He thus became commonly known as the "landlord of New York". His fortune, estimated at about $50,000,000, was divided equally between his sons John Jacob and William. Stock transfer of the MOHAWK & HUDSON RAILROAD, Dated 1836 and signed by William B. Astor. A nice portrait of Astor is included. Fresh Excellent Condition. William Backhouse Astor Sr.(September 19, 1792 " November 24, 1875) was an American business magnate who inherited most of his fatherJohn Jacob Astor's fortune. He worked as a partner in his father's successful export business. His massive investment in Manhattan real estate enabled major donations to theAstor Libraryin theEast Village, which became theNew York Public Library. William was born inNew York Cityon September 19, 1792 and named after William Backhouse, a friend of his father who was a New York merchant. He was a son of fur-traderJohn Jacob Astor(1763"1848) and Sarah Cox Todd (1761"1834). His seven siblings were Magdalena (1788"1832), Sarah (1790"1790), John Jr. (1791"1869), Dorothea (1795"1874), Henry (1797"1799), Eliza (1801"1838), and an unnamed brother who died shortly aft Item ordered may not be exact piece shown. All original and authentic.


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