Description

    Aaron Burr Signed Check, 1800 A fine partly-printed document signed, "A. Burr," a check drawn on the Manhattan Company, dated New York, March 12, 1800 made payable to "A. F" for $75. Measures 7.1" x 3.8". In 1799, the state legislature gave the newly formed Manhattan Company the exclusive right to supply water to New York City. The company, headed by Burr, ignored plans to bring water from outside Manhattan, and sunk more wells (at Collect Pond - downtown, directly behind City Hall). The water was stored in a new reservoir at Chambers Street and was distributed through wooden pipes. The Manhattan Company used surplus funds to start a bank, known today as Chase Manhattan. The company, which was more interested in running a bank than a water supply system, did a poor job of delivering water to the city. Irregularly cut, light creases, cut and ink cancellations well clear of signature, overall a clear and bright specimen with interesting association. Accompanied by COA from PSA/DNA.

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    Auction Dates
    April, 2005
    13th Wednesday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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