Skip to main content
Go to accessibility notice

    Description

    Robert Morris Signed Delaware and Schuylkill Canal Navigation Company Stock Certificate. Partially printed DS "Robt Morris" as President and "Tench Francis" as Treasurer of the Delaware and Schuylkill Canal Navigation Company, completed in unknown clerical hand. One page with docketing on verso, 9.5" x 8.25" laid paper, Philadelphia, Pennsylvania, dated August 4, 1792. The certificate, signed by Patriots Morris and Francis reads: "Be it hereby certified, by the President, Managers, and Company of the Delaware and Schuylkill Canal Navigation, That Naddon of [blank] is entitled to one share of Stock, in the said Company, numbered Twelve hundred and ninety-three transferrable [sic] in the presence of the treasurer, by the said Naddan or his attorney: subject nevertheless to the payments due, or to grow due thereupon, according to the terms prescribed in an Act of the General Assembly of the Commonwealth of Pennsylvania, passed the Tenth day of April, in the year of our Lord One Thousand Seven Hundred and Ninety-Two, and the Charter of said Company. Sealed with the common seal of the said Company. / Robt Morris, President. / Tench Francis Treasurer." In thirty years at major public auctions only three such certificates have been sold. The last was in poor condition and fetched over $2,100 almost a decade ago. Gently toned with few spots of foxing, near fine condition.
    An important association piece linking two major financiers of the American Revolution and the early history of this nation's financial history. Robert Morris was an American merchant and a signer to the United States Declaration of Independence, the Articles of Confederation, and the United States Constitution. Morris was known as the Financier of the Revolution because of his role in securing financial assistance for the American side in the Revolutionary War. Tench Francis is said to have contributed huge sums of his personal fortune to support the war effort as well, and was Aide to George Washington during the war. In a unanimous vote, Congress appointed Morris to be Superintendent of Finance of the United States from 1781 to 1784. Three days later, Morris proposed the establishment of a national bank which led to the creation of the first financial institution chartered by the United States, the Bank of North America. Tench Francis would become first Cashier of the Bank.


    Shipping, Taxes, Terms and Bidding
    Calculate Standard Domestic Shipping

    Sales Tax information  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    June, 2008
    4th-5th Wednesday-Thursday
    Bids + Registered Phone Bidders: 1
    Lot Tracking Activity: N/A
    Page Views: 891

    Buyer's Premium per Lot:
    19.5% of the successful bid (minimum $9) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 37 days left to consign to the 2018 August 18 Americana & Political - Dallas!

    Learn about consigning with us

    Heritage Auctions and Mr. Chad Reingold were...professional and courteous in all transactions and provided outstanding service in answering my many emails. I recommend them at the highest level.
    Killy M.,
    Melbourne Beach, FL
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2018 May 11 Space Exploration Signature Auction - Dallas
    2018 May 11 Space Exploration Signature Auction - Dallas
    REALIZED SO FAR $1,140,582