Two-term U.S. Representative (1816–1906) who later became a multimillionaire financier. He is credited with originating the system of “puts and calls” in the buying and selling of stock. DS, one page both sides, 10 x 6, April 1, 1874. A certificate for ten shares of “scrip preferred” stock in the Milwaukee and St. Paul Railway Company, issued to Sage and signed by him as President. Sage has also signed in full on the reverse. Mild soiling and wrinkling, and punch cancellations touching signature on front, otherwise fine condition. R&R COA.