25: RESTAURANTER LORENZO DELMONICO Start Price USD 600.00 Current Price USD 600.00 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 '25: RESTAURANTER LORENZO DELMONICO' Description click for larger image25: RESTAURANTER LORENZO DELMONICOSubscription certificate for $5,000 in stock and $10,000 in bonds. Signed twice on verso "Drexel, Morgan &Co," by J.P. Morgan. New York. January 20, 1880. Issued to Lorenzo Delmonico and signed on verso. "The Pacific Railway Improvement Company made a public offer in 1880 for subscriptions for the first mortgage bonds of the Texas Pacific Railway Company. Funds were required for building a line between Fort Worth and Rio Grande, a distance of about 600 miles. The funds offered were of $1,000 denomination, bearing interest at the rate of 6 per cent per annum. As a inducement, the company offered for every subscription or $900 paid inaddition to the first mortgage bond stock in the road to the amount of $500. The installments were to bepaid whenever the Improvement Company required money to carry on its work. The subscribers received certificates upon which the amount of their respective payments was entered." (New York Times, November 29, 1882). Signed on the front by Charles H. Woerishoffer. LORENZO DELMON ICO, the most famous restaurateur and caterer of the United States, born in the Canton of Ticino, Switzerland, March 13, 1813, died in SharonSprings, N.Y., Sept. 3, 1881. He came to America at the age of 19. His uncles had established a small candy store at No. 23 William Street, and Lorenzo was taken by his unwilling relatives into their employment. This proved afterward of great advantage to them. In 1833, the Delmonico restaurant was opened, only to be burned in the great fire of 1835. They started again at No. 78 Broad Street, with a lodging house attachment. This new restaurant was burned in 1845, and next year a new one was opened on Broadway at Morris Street. The finestcooking and finest wines in the city soon made this place famous and the best in the city. About 1856, it was removed to the corner of Chambers Street. Later, the famous café at the corner of Fifth Avenue and 14th Street was established, followed by the restaurants at No. 22 Broad Street, the one on Fifth Avenue at 26th Street, and one at No. 112 Broadway. In 1876, the branches at the corner of Chambers Street and 14th Street werediscontinued. The management of the great business devolved entirely upon Lorenzo Delmonico, who was distinguished by his courtesy and business ability. He lost about half a million of money in 1861 by a speculation in petroleum, but paid the debt in full in a few years. An interesting and unusual association!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!