1871 BURLINGTON & MISSOURI RIVER RR Stock SIGNED BY JOHN MALCOLM FORBES Rare

Description

his auction is for:
1871 Burlington and Missouri River Railroad Company Stock Certificate Issued to and Signed by J. Malcolm Forbes
Historic Iowa railroad. Certificate is issued to John Malcolm Forbes and is hand-signed by him on the reverse! See his history below, a rare and scarce signature! Attractive certificate with large vignette and Civil War revenue stamp on the front.
John Malcolm Forbes (1847 – February 19, 1904)
was an American businessman and sportsman. He was born in
Milton, Massachusetts in 1847 into the wealthy
Forbes family of Boston, with his father being John Murray Forbes. He was a prominent yachtsman and breeder of Standardbred horses.
Forbes has been described as one of the most important harness racing breeders of all time. In 1890 he purchased Jack, 2:12, for a speedway horse. As his interest grew, he established Forbes Farm by buying and consolidating the Hunt, Davenport and Farrington farms. The Farrington farmhouse once stood on the site of the current Prowse residence.
He purchased Nancy Hanks for ,000 and Arion for 5,000. With Arion, Bingen, Nancy Hanks, Peter The Great, and others, Forbes Farm became the outstanding stud farm in the East. Forbes main objective is to improve the quality of the light driving horse, which, before the advent of the automobile, was in great demand throughout the country. Though Forbes never raced a stable, he was an expert on breeding fast horses, until his death in 1904.
Forbes made national headlines by paying Senator Leland Stanford of California the enormous sum, at the time, of 5,000 for the stallion Arion. At the time this was highest price ever paid for a horse anywhere in the world. Adding Bingen and Peter the Great, Forbes owned the three fastest trotting stallions. He added the legendary undefeated mare Nancy Hanks, model for the horse and sulky weathervanes one sees today. These horses were inducted into the Standardbred Hall of Fame.
Forbes owned and skippered the yacht
Puritan
which successfully defended the America's Cup in 1885.
In 1885, Forbes led the first of three successful America's Cup defense efforts for the New York Yacht Club. Edward Burgess was the designer and the syndicate initially funded and campaigned
Puritan
to a successful defense in 1885 and became a template for America's Cup campaign management which was used throughout the 20th century.
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RETURNS AND GUARANTEE
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Buyer satisfaction and authenticity of certificate is guaranteed – returns are accepted with 14 days of purchase (buyer pays return shipping cost unless item received is not as described in this listing).
All certificates are originals, I do not sell reproductions. Stocks may have pinholes, tears, etc. Certificate shown is exact certificate you will receive, we don't use stock photos. Stock certificates may give paper cuts, use care when handling. Stock certificates are sold as collectibles only, no actual market value is to be expected.