Quantity: 1 available
Elaborately engraved on front and back, gilt seal, No. 16, dated January 3, 1923. One share (of 5,000), $100. Signed on the back by Whittell, Jr. Originally the Eureka & Palisade Railroad, it was built to haul freight from Eureka to Palisade on the new trans-continental line. George Whittell Sr. (1849-1922) bought it in 1912, renaming it the Eureka Nevada Railway. Signed on the back by George Whittell Jr. (1881-1969), whose father had recently died, and on the front by the Secretary of the company and its President, John E. Sexton, "one of the most colorful men in Nevada railroad history. He was outspoken and a law unto himself, yet he knew when to comply with authority so as to keep out of jail." (Myrick, Railroads of Nevada..., 1962, pages 90-111). Whittell Jr., a playboy, "...never worked a day in his life...", having inherited millions from his father. Soon before the great Wall Street crash, he "...liquidated $50 million in stocks and moved his fortune from California to Nevada, a state regarded as a tax haven for affluent Americans. Shortly after his arrival, Whittell purchased most of the Nevada side of Lake Tahoe." He donated some land to UNR and some for the high school that bears his name in Zephyr Cove. (Online Nevada Encyclopedia). In Fine condition.
Title: Eureka Nevada Railway Company Stock Certificate.
Item: 1.00 Item
Seller ID: [whittell,george,jr.]425elaboratelyengravedonfro