26: JP MORGAN & CO MAKES A LARGE INVESTMENT 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 '26: JP MORGAN & CO MAKES A LARGE INVESTMENT' Description 26: JP MORGAN & CO MAKES A LARGE INVESTMENT1897, Minnesota. Stock certificate for six hundred and ninety five shares in the Northwest Equipment Company. Brown. Vignette of locomotive pulling into a station at top center. Issued to "J.P. Morgan & Company" and transferred to "Northern Pacific Railway Co." This large transfer occurred during the "Morganization" of theNorthern Pacific, which was supplied with equipment by the Northwest Equipment Company. As the leasing company for a large number of the locomotives used by the Northern Pacific, the Northwest Equipment Company also faced financial difficulties along with the NP in the wake of the Panic of 1893. In this light, the J.P. Morgan and Company's large stock purchase was likely made in order to ensure a smooth transition during the reorganization of the NP. Punch cancelled. Very Fine. 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!