Lot #: 83497
[18th century toll road share with signature of the first Dollar millionaire.] |
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Selling price: $326
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Description
Important toll road share published in Philadelphia, 16 March 1795, 1 Share, #674, issued to Henry Pratt. Vignette of an early toll road, toll house, gate and vans in top, original signature of William Bingham!
William Bingham (1752-1804) already compiled a fortune in the West Indies in his younger years. After his return to the US, he founded the Pennsylvania Bank in 1781.
As president of the Philadelphia and Lancaster Turnpike, he was one of the pioneers of the American road construction.
The company collected tolls until 1911 until the state of Pennsylvania took over the company. Bingham himself was still able to enjoy the fruits of his labor: He was the first Dollar millionaire.
Read more about old stocks and bonds. [+]
William Bingham (1752-1804) already compiled a fortune in the West Indies in his younger years. After his return to the US, he founded the Pennsylvania Bank in 1781.
As president of the Philadelphia and Lancaster Turnpike, he was one of the pioneers of the American road construction.
The company collected tolls until 1911 until the state of Pennsylvania took over the company. Bingham himself was still able to enjoy the fruits of his labor: He was the first Dollar millionaire.
Read more about old stocks and bonds. [+]
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