22: J. PIERPONT MORGAN JUNIOR Start Price USD 1,200.00 Current Price USD 1,200.00 Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Saturday, October 11, 2008 End Time Sunday, October 12, 2008 Location Bedford, New Hampshire. USA See more about '22: J. PIERPONT MORGAN JUNIOR' Description click for larger image22: J. PIERPONT MORGAN JUNIOR1896, New York. Important lot of twenty-three Northern Pacific Stocks, #05140, 059147-059159, 059164, 59166, 059173. Brown. Vignette of locomotive at center.Total purchase was for a staggering 332,885 shares! Attached to verso of stock #059173 is a transfer receipt Signed, "J.P. Morgan." JOHN PIERPONT MORGAN JR. (1867-1943). American financier and heir to J.P Morgan. New York. May 7, 1897. Compounding the effects of mismanagement and low traffic, the Panic of 1893 company found itself under the guidance of two presidents in less than three months! In a historic move, J.P. Morgan took charge of refinancing and reorganizing the floundering railroad. Successfully allying with James J. Hill's Great Northern system despite a protracted legal battle concerning threw the Northern Pacific railroad into bankruptcy and sparked an ongoing battle for control of the company among many of its prominent officers. This bitter struggle finally came to a head in 1896 when the Sherman Antitrust law, Morgan, as he had with other struggling U.S. roads in the wake of the Panic of 1893, steered the Northern Pacific through "Morganization" and returned the long struggling railroad to profitability. The transferred shares in this extremely large transaction comprise a significant portion of Morgan's holdings in the Northern Pacific during a transformative period of "Morganization" that ultimately brought that company back from a ruinous bankruptcy. Auction House Scott J. Winslow Associates, Inc.PO Box 10240Bedford, NH United States 03110800.225.6233Terms & Conditions1.) A 20% BUYERS PREMIUM WILL BE ADDED TO THE FINAL HAMMER PRICE.2.) All items are guaranteed to be authentic. If an item is found not to be authentic,the full sale price will be refunded.3.) All accounts are payable in full upon receipt of invoice unless other arrangements have been made prior to the sale. Any special credit terms should be made as early as possible. Title does not pass until full payment has been received.4.) No "Buy" or unlimited bids will be accepted.5.) We reserve the right to reject any bid we feel is not made in good faith.6.) In the case of tie bids on the book, the earliest received shall take precedence.7.) This is not an approval sale. Lots may not be returned except for reasons of authenticity or amaterial error in the catalog description.8.) Please bid in U.S. dollars and only in whole dollar amounts. Fractions of a dollar will be roundeddown to the nearest dollar.9.) Some lots may be subject to a reserve.10.) Shipping charges will be added to all invoices.11.) The placing of a bid shall constitute the bidders acceptance of these terms of sale.12.) This sale is being held under the laws of the State of New Hampshire.Scott J. Winslow Associates, Inc.Post Office Box 10240Bedford, New Hampshire 03110 (USA)Fax (603) 641-5583NEW HAMPSHIRE LICENSE #4002MASSACHUSETTS LICENSE #2692ShippingBuyer Pays Shipping CostBuyer's Premium20%PaymentWe accept Visa, Mastercard, Paypal, personal checks, money orders and cash(In House Only).TaxesNo applicable sales tax in New Hampshire.ContractYour bid is a contract.Place a bid only if you're serious about buying the item. If you are the successful and winning bidder, you have entered into a legally binding contract to purchase the property bid on from the seller. You should contact the seller to resolve any questions before bidding.RegistrationBidders are required to:a) Sign up for this auction& b) Complete bidding approval formApproval is at the discretion of the Auction House.HelpHelp with biddingImages Auction services provided by LiveAuctioneers Place a Bid!