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Lot #389
Jay Gould Document Signed

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Estimate: $300+
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Description

Financier (1836-1892) known for his stock market manipulation of railroad securities; he also tried to corner the gold market, leading to the 'Black Friday' stock market crash of September 1869. Partly-printed DS, one page, 8.5 x 14, March 10, 1872. An article of agreement made between the Erie Railway Company and John Scovill, regarding the sale of a "certain lot of land situate in the Village of Susquehanna, State of Pennsylvania" for the sum of $30. Signed at the conclusion by Jay Gould as the president of the Erie Railroad. In very good to fine condition, with small old tape repairs to the ends of fold splits. Following the Erie War of the 1860s, Gould claimed majority control of the company, but only for a short time. He was forced to relinquish control in 1872-73 due to unfavorable public opinion following his involvement in the 1869 gold-rigging scandal and to his loss of $1 million of Erie Railroad stock to the British con-man Lord Gordon-Gordon.

Auction Info

  • Auction Title: Fine Autograph and Artifacts, Ft. Revolutionary War
  • Dates: #612 - Ended July 14, 2021





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