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1858 ALS by Allegheny Valley Railroad president and Pennsylvania governor, William F. Johnston

1858 ALS by Allegheny Valley Railroad president and Pennsylvania governor, William F. Johnston

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1858 ALS by Allegheny Valley Railroad president and Pennsylvania governor, William F. Johnston

por Wm. F. Johnston [William Freame Johnston (1808-1872)]

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Este vendedor ganhou uma 5 de 5 estrelas de clientes da Biblio.
Wilmington, Delaware, United States
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Sobre este item

Pittsburgh, January 11, 1858. [2]pp. Quarto. Bifolium. Folds; paper residue on verso of final leaf, not affecting legibility; very good.

Letter from the president of the Allegheny Valley Rail Road Co. and former Pennsylvania governor, William F. Johnston, discussing interest payments on AVRR bonds and concern with the money market. Johnston urges his correspondent, J.B. Stubbs, M.D., to hold firm:

"In the present condition of the money market, I do not suppose Rail road bonds of any kind, could be sold at their value. From the fact that the interest has been paid, you can form yr. own estimate of value. The County of Allegheny open'd a judgment of satisfaction to the Stock of AVRR Co. bonds to the amount of $750,000, the Company agreeing to pay interest Do. [of same] For the first year or so, the company paid the interest, but finding its inability to continue to do so, informed the Commissioners of the fact, who thereafter paid the interest Coupons for a year.... I do not doubt, for myself, the eventual liability of the County. Until the question is settled on some form I would not, if I were the holder of any of these bonds, dispose of them at any very large sacrifice. Please consider this letter 'private.'"

From 1848 to 1852, Johnston served as the eleventh governor of Pennsylvania and was a supporter of various railroad and canal construction projects. "Johnston re-entered private life in Kittanning in successful businesses of iron manufacturing, salt boring, extracting oil from bituminous shales, refining petroleum, and as president of Allegheny Valley Railroad built between Kittanning and Pittsburgh. In 1856, he was nominated by the North American Party to run for vice president on a ticket with John Fremont, but decided to withdraw..."¹

Note. 1. Governor William Freame Johnston | PHMC > Pennsylvania Governors [Pennsylvania Historical & Museum Commission] accessed online.

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Livreiro
Ian Brabner, Rare Americana (ABAA) US (US)
Nº do estoque do livreiro
3733359
Título
1858 ALS by Allegheny Valley Railroad president and Pennsylvania governor, William F. Johnston
Autor
Wm. F. Johnston [William Freame Johnston (1808-1872)]
Estado do livro
Usado
Quantidade Disponível
1

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Ian Brabner, Rare Americana (ABAA)

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Ian Brabner, Rare Americana (ABAA)

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Sobre Ian Brabner, Rare Americana (ABAA)

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Our inventory encompasses a broad spectrum of collecting interests, with a special focus on 18th- and 19th-century American history, including African-American history, women's history, and unique or unusual materials documenting the American experience. In our stock, you will also find rare pamphlets, documents, letters and correspondence, journals, diaries, significant archives, as well as original art, graphics, and photographs.

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Alguns termos que podem ser usados ??nesta descrição incluem:

Quarto
The term quarto is used to describe a page or book size. A printed sheet is made with four pages of text on each side, and the...
Verso
The page bound on the left side of a book, opposite to the recto page.

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