$2,318
Articles of Association of the Chicago Land Company, organized May 2, 1853. Original manuscript articles of agreement pertaining to the extension of the Chicago Northwest Railroad. Later printed in the Daily Democrat in 1855. (AII-CHI133) In 1853, William Ogden, Mahlon Ogden, and Edwin R. La Bar, together with 11 shareholders, formed the Chicago Land Company to acquire and develop land with the intention of building the Terminal Depot of the Illinois and Wisconsin Rail Road that eventually became the Chicago and North Western Railroad. The capital stock of the combined lands of the trustees and shareholders consisted of $1,800,000, which was divided into 18,000 shares of $100 each, equaling the expected increased land value following the completion of the railroad. 4to, bound in contemporary gilt-stamped red leather account book, comprising 23 pp. "Indenture and Articles of Agreement and Association," May 2, 1853; signatures of shareholders (Robert Walker, Eli Chittenden, A. Hyatt Smith, Charles Butler, William Sloan, John Bradley, Jacob P. Eastman, John P. Chapin, Edwin S. Johnson, Albert A. Bliss and William B. Hotchkiss) and trustees (William B. Ogden, Mahlou D. Ogden and Edwin R. LaBar), each with affixed colorful seals; autographed document signed ("John Bradley") stating that Bradley holds 3,750 shares of the Chicago Land Company per the enclosed articles of agreement, 2 pp., New York, May 6, 1853; 4 pp. autographed document stating that Daniel Elston, having agreed Read more…
Auctioneer:
Leslie Hindman Auctioneers
Date:
2010-11-18
