Scarce 1817 Stock Certificate Issued To “Elias Boudinot”!
(ELIAS BOUDINOT) (1740-1821). 10th President of the Continental Congress in 1782, Boudinot Signed the Treaty of Paris while in office as President of the Continental Congress (1782-1783). American Revolutionary War era Statesman, friend of George Washington as a Federal Government supporter and important political figure whom Washington appointed Boudinot to become Director of United States Mint (1795-1805).
July 14, 1817-Dated, Partly-Printed Document Signed, “Andrew An Early Stock Certificate Issued To Elias Boudinot (not signed), who was a commissioner and majority shareholder of the company from its onset, 7.75” x 5.5”, Newark, New Jersey, Choice Very Fine. Docket on the blank reverse reads: “No. 147. - Elias Boudinot Esq. for Two Shares.” Boldly printed on heavy fresh and clean period laid paper, a Stock Certificate for 2 Shares issued to Elias Boudinot, the tenth President of Continental Congress. Wax and paper seal affixed to upper left, with short separations at center horizontal fold. In 1806, the New Jersey General Assembly chartered the Essex and Middlesex Turnpike. Elias Boudinot's brother and future Chief Justice of the Supreme Court of New Jersey, Elisha Boudinot was a commissioner and majority shareholder of the company from its onset. Elisha was among a group of New Jerseyans authorized to:
"receive subscriptions for erecting a turnpike road, four rods wide, from the east end of the bridge over the Raritan river at New Brunswick, through Elizabethtown to Newark, in the count of Essex…"
The subscription of stock was authorized at 3,000 shares of $50 each. The goal of the turnpike was to both improve the New Brunswick to Newark road and to connect that road with the Trenton and New Brunswick Turnpike in New Brunswick. A Choice rarity displaying this important early “Political” investing in the growth of America.
ELIAS BOUDINOT (1740-1821). American Revolutionary War era Statesman. Boudinot was a close friend of Washington's, and a tireless supporter of the Revolution and the fledgling Federal government. Despite not signing the Declaration of Independence, the Constitution, or the Articles of Confederation, he is one of the more important political figures from the American Revolutionary Era.
After serving as a Delegate to the Continental Congress, Boudinot became the Secretary of Foreign Affairs. Due to his immense successes in dealing with the aid provided by France, Spain, and Holland, Boudinot was selected to be the 10th President of the Continental Congress in 1782. Boudinot singed the Treaty of Paris while in office as President of the Continental Congress in 1783. After he served as President, Boudinot was elected as a U.S. Representative from New Jersey in 1789. Although he retired after one term, George Washington appointed Boudinot to become Director of United States Mint. Boudinot held the position from 1795-1805.
Boudinot became a prominent lawyer and his practice prospered. As the Revolution drew near, he aligned with the Whigs, and was elected to the New Jersey provincial assembly in 1775. In the early stages of the Revolutionary War, he was active in promoting enlistment; several times he loaned money to field commanders to purchase supplies. Boudinot helped support the activities of rebel spies. After the British occupation of New York City, spies were sent to Staten Island and Long Island, New York to observe and report on movements of specific British garrisons and regiments.
On May 5, 1777, General George Washington asked Boudinot to be appointed as commissary general for prisoners. Congress through the board of war concurred. Boudinot was commissioned as a colonel in the Continental Army for this work. He served until July 1778, when competing responsibilities forced him to resign. The commissary managed enemy prisoners, and also was responsible for supplying American prisoners who were held by the British.
In November 1777, the New Jersey legislature named Boudinot as one of their delegates to the Second Continental Congress. His duties as Commissary prevented his attendance, so in May 1778 he resigned. By early July he had been replaced and attended his first meeting of the Congress on July 7, 1778. As a delegate, he still continued his concerns for the welfare of prisoners of war. His first term ended that year.
In 1781, Boudinot returned to the Congress, for a term lasting through 1783. In November 1782, he was elected as President of the Continental Congress for a one-year term. The President of Congress was a mostly ceremonial position with no real authority, but the office did require him to handle a good deal of correspondence and sign official documents.
On April 15, 1783 he signed the Preliminary Articles of Peace. When the United States (US) government was formed in 1789, Boudinot was elected from New Jersey to the US House of Representatives. He was elected to the second and third congresses as well, where he generally supported the administration. He refused to join the expansion of affiliated groups that formed formal political parties.
In 1794, he declined to serve another term, and left Congress in early 1795. In October 1795, President George Washington appointed him as Director of the United States Mint, a position he held through succeeding administrations until he retired in 1805.