(AMERICAN EXPRESS COMPANY) Partly printed Document Signed

Sale 1930 - Lot 1

Price Realized: $ 3,680

?Final Price Realized includes Buyer’s Premium added to Hammer Price

Estimate: $ 4,000 - $ 6,000

WELLS, FARGO, BUTTERFIELD AND CORNING(AMERICAN EXPRESS COMPANY.) Partly-printed Document Signed, by Henry Wells, John Butterfield, William Fargo and President of the New York Central Railroad Erastus Corning, articles of agreement between the American Express Company and the New York Central Railroad. 3 pages, folded 4to sheet; seals intact; custom cloth folder. Np, 21 October 1856

Set Alert for Similar Items

Additional Details

The American Express Company was founded 6 years prior to this agreement by Henry Wells and William Fargo when they consolidated their respective companies to create a joint stock association of the largest private mail company. In 1852, seizing opportunities created by the Gold Rush, the two formed Wells Fargo as a subsidiary. This agreement establishes a contract between American Express and the New York Central Railroad, allowing the former use of the latter's railroad for the shipment of both mail and property while indemnifying the railroad.<