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Wells Fargo Important Business Agreement Signed by

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Wells Fargo Important Business Agreement Signed by
Item Details
Description
Wells Fargo Important Business Agreement Signed by Fargo & Butterfield

Manuscript Document Signed by John Butterfield, “John Butterfield”, William Fargo, “Wm. G. Fargo”, and Charles Fargo, “Chas. Fargo”, September 29, 1864, Michigan, 3 pp. on a 9” x 7.75” unfolded leaf. Horizontal and vertical folds, light toning, else Fine condition.

Important Civil War dated sales agreement between the two Fargo brothers and John Butterfield, and the Oneida Solar Salt Manufacturing Company. Entirely handwritten, this exceptional business document is signed by two of the three founders of Wells Fargo and American Express.

John Butterfield (1801-1869) was a transportation pioneer in the mid-19th century in the American Northwest and Southwest. He grew up on a farm and was mostly self-educated. At the age of 19, he became a professional stage driver and established stage routes throughout New York, as well as getting involved in other means of transportation, including steamboats on Lake Ontario, the street railroad in Utica, local plank-roads, and the Black River Railroad. Through shrewd business skills, he soon controlled most of the stage lines west of New York, and in 1849 formed the Butterfield, Wasson & Company. The following year, he merged his company with two rivals, Wells & Company and Livingston, Fargo & Company, to form the American Express Company (the same company that exists today.) In 1857, Butterfield won the government contract for the first transcontinental stage line, carrying the mail from Missouri to California. The Butterfield Overland Mail Company was the longest stage line in the world. The line operated from 1858 to 1861 on the Southern Overland Trail and established an important connection between the new state of California and the government and economy of the contiguous eastern states.

William G. Fargo (1818-1881) was a pioneer American expressman who helped found the modern day financial firms of American Express Company and Wells Fargo with his business partner, Henry Wells. He was also the 27th Mayor of Buffalo, serving from 1862 until 1866 during the Civil War. He began his career in the transportation business in 1841 as a goods receiver on the Auburn and Syracuse railroad. This is where he met Henry Wells who, in a few years’ time, offered him to become an associated partner in Wells & Company. In 1850, Henry Wells, William G. Fargo and others founded the American Express Company in New York. Only two years later, after a dispute with the board, Henry Wells and William Fargo founded a new company, Wells Fargo. It offered secure transportation and banking services. The duo set out to offer their services in California and elsewhere on the West Coast during the hectic gold rush. In 1860, the company took over operation of the western half of the Pony Express as part of taking over the Butterfield Overland Mail Company.

This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.
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Wells Fargo Important Business Agreement Signed by

Estimate $2,400 - $2,600
Aug 19, 2020
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Starting Price $800
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0339: Wells Fargo Important Business Agreement Signed by

Lot Passed
20 Bids
Est. $2,400 - $2,600Starting Price $800
Rare Autographs, Manuscripts & Books
Aug 19, 2020 10:30 AM EDT
Buyer's Premium 25%

Lot 0339 Details

Description
...
Wells Fargo Important Business Agreement Signed by Fargo & Butterfield

Manuscript Document Signed by John Butterfield, “John Butterfield”, William Fargo, “Wm. G. Fargo”, and Charles Fargo, “Chas. Fargo”, September 29, 1864, Michigan, 3 pp. on a 9” x 7.75” unfolded leaf. Horizontal and vertical folds, light toning, else Fine condition.

Important Civil War dated sales agreement between the two Fargo brothers and John Butterfield, and the Oneida Solar Salt Manufacturing Company. Entirely handwritten, this exceptional business document is signed by two of the three founders of Wells Fargo and American Express.

John Butterfield (1801-1869) was a transportation pioneer in the mid-19th century in the American Northwest and Southwest. He grew up on a farm and was mostly self-educated. At the age of 19, he became a professional stage driver and established stage routes throughout New York, as well as getting involved in other means of transportation, including steamboats on Lake Ontario, the street railroad in Utica, local plank-roads, and the Black River Railroad. Through shrewd business skills, he soon controlled most of the stage lines west of New York, and in 1849 formed the Butterfield, Wasson & Company. The following year, he merged his company with two rivals, Wells & Company and Livingston, Fargo & Company, to form the American Express Company (the same company that exists today.) In 1857, Butterfield won the government contract for the first transcontinental stage line, carrying the mail from Missouri to California. The Butterfield Overland Mail Company was the longest stage line in the world. The line operated from 1858 to 1861 on the Southern Overland Trail and established an important connection between the new state of California and the government and economy of the contiguous eastern states.

William G. Fargo (1818-1881) was a pioneer American expressman who helped found the modern day financial firms of American Express Company and Wells Fargo with his business partner, Henry Wells. He was also the 27th Mayor of Buffalo, serving from 1862 until 1866 during the Civil War. He began his career in the transportation business in 1841 as a goods receiver on the Auburn and Syracuse railroad. This is where he met Henry Wells who, in a few years’ time, offered him to become an associated partner in Wells & Company. In 1850, Henry Wells, William G. Fargo and others founded the American Express Company in New York. Only two years later, after a dispute with the board, Henry Wells and William Fargo founded a new company, Wells Fargo. It offered secure transportation and banking services. The duo set out to offer their services in California and elsewhere on the West Coast during the hectic gold rush. In 1860, the company took over operation of the western half of the Pony Express as part of taking over the Butterfield Overland Mail Company.

This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.
WE PROVIDE IN-HOUSE SHIPPING WORLDWIDE!

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