PANAMA RAILROAD COMPANY TYPE III STOCK CERTIFICATE 1865 Start Price USD 99.99 Current Price USD 99.99 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Friday, July 04, 2008 End Time Friday, July 11, 2008 Location Florida See more about 'PANAMA RAILROAD COMPANY TYPE III STOCK CERTIFICATE 1865' Description SquareTrade © AP6.0OFFERED IS A PANAMA RAILROAD STOCK CERTIFICATE WHICH THE SELLER HAS LISTED IN HIS BOOK THE STOCKS AND BONDS ISSUED BY THE PANAMA RAILROAD COMPANY AS ATYPE III OF THE VII TYPES ISSUED BETWEEN 1850 AND 1950. IT WAS PURCHASED BY A HENRY E. GRANNIP IN THE AMOUNT OF 10 $100 SHARES ON OCT 5, 1865 AND TRANSFERRED TO CARPENTER AND RICHARDS ON AUG 12, 1871. THE MORE SCARCE TYPE III, OF THE OTHER TWO TYPES AVAILABLE TO THE PUBLIC,  WHICH ARE THE TYPES IV AND V.  IT WAS ISSUED ON OR ABOUT APR 1, 1856, AND WAS USED UNTIL ABOUT MAY 24, 1870.  ONLY THE TYPES III, IV, AND V ARE AVAILABLE TO COLLECTORS.  BUT ONE TYPE II IS KNOWN TO EXIST IN A COLLECTOR'S PORTFOLIO.  THE TYPES I, II, VI, AND VII ARE SEQUESTERED IN THE HOLDINGS OF THE NATIONAL ARCHIVES, WASHINGTON, ALTHOUGH  ONE TYPE VI IS KNOWN IN A PRIVATE COLLECTION. THE LEFT FRONT OF THIS TYPE III IS AFFIXED WITH A 25 CENT, POWER OF ATTORNEY,  REDDISH BROWN, WASHINGTON, U. S. INTERNAL REVENUE STAMP, SCOTT NO. R48 AND THE BACK HAS A 25 CENT, CERTIFICATE, REDDISH BROWN, CERTIFICATE, WASHINGTON, U. S. INTERNAL REVENUE STAMP, SCOTT NO. R44.  SUCH STAMPS WERE APPLIED WHEN THE CERTIFICATE WAS BOUGHT OR SOLD, OR WHENEVER ITS OWNERSHIP WAS CHANGED. THE CERTIFICATE WAS SIGNED IN INK BY HENRY SMITH, TREASURER, AND DAVID HOADLEY, PRESIDENT OF THE PANAMA RAILROAD COMPANY.  HOADLEY WAS THE LONGEST SERVING PRESIDENT, FROM NOV 1, 1853 TO OCT 31, 1871. THE R48 WAS HANDSTAMPED WITH A BLACK "PANAMA R. R. Co."/OCT 5, 1865," WHICH IS PARTIALLY VIEWED. THESE REVENUE STAMPS WERE ISSUED BETWEEN OCT 1, 1861 AND DEC 31, 1865, TO FINANCE NORTHERN FORCES FIGHTING THE SOUTH DURING THE AMERICAN CIVIL WAR. THE CONDITION OF THE CERTIFICATE OFFERED IS EXTRA FINE PLUS.       Place a Bid!