North American Land Co. Stock Signed by Robert Morris, Signer of the Declaration [172184]
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Description
Certificate 1264 of 15513 issued to Dr. Enoch Edwards for 1 share of the North American Land Company, 1795. Not cancelled. Seal lower left, embossed. "Enoch Edwards was an American physician and a leading Patriot during the American Revolution. Born in Byberry Township, Pennsylvania, Edwards was a member of the Provincial Congress in Carpenters' Hall on June 18, 1776, which led to the Pennsylvania Constitution of 1776" from Wikipedia. Robert Morris, in addition to being a signer of the Declaration of Independence, was called the "financier of the American Revolution." But his involvement with the North American Land Company literally destroyed his life. During the Revolutionary War Morris, an extremely wealthy Philadelphian, kept his friend George Washington and his troops fed, clothed, and armed. After the war Morris tried his hands in other ventures including the largest land trust in American History and is one of the first publicly traded Real Estate companies. To make a long story short, his investments turned bad and the harder he tried to reverse his fortunes the deeper in debt he became. So, in 1798 the financier of the American Revolution and signer of the Declaration of Independence found himself in debtors prison! James Marshall (brother of Chief Justice John Marshall) was his son-in-law and made a valiant but unsuccessful trip to Europe to gain supporters. Date: 1793, City: Philadelphia, State: Pennsylvania, Provenance: Ken Prag Collection Philadelphia Pennsylvania Ken Prag Collection
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North American Land Co. Stock Signed by Robert Morris, Signer of the Declaration [172184]
Estimate $700 - $1,200
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